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 2.01 0.42
Bottoms Long 0 1.52 0.57
Tops Intermediate -0.06 1.02 0.74
Bottoms Intermediate 0 1.81 0.15
Tops Short -0.06 1.59 0.52
Bottoms Short 0 1.73 0.52
alerts