Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long 0.12 22.01 0.15
Bottoms Long 0.06 7.17 0.84
Tops Intermediate -0.3 2.74 0.59
Bottoms Intermediate -0.06 5.35 0.49
Tops Short 0.06 8.37 0.03
Bottoms Short 0 6.26 0.01
alerts