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 0.18 61.11 0.86
Bottoms Long 0.06 41.95 0.55
Tops Intermediate -0.42 37.06 0.71
Bottoms Intermediate -0.06 40.81 0.09
Tops Short 0 45.45 0.01
Bottoms Short 0.12 44.35 0.17
alerts