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 -0.06 5.13 0.78
Bottoms Long -0.06 3.10 0.83
Tops Intermediate -0.12 3.33 0.74
Bottoms Intermediate -0.06 3.69 0.86
Tops Short 0 5.33 0.18
Bottoms Short 0 4.74 0.19
alerts