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 20.74 0.05
Bottoms Long -0.06 16.27 0.55
Tops Intermediate -0.06 17.19 0.78
Bottoms Intermediate -0.12 13.82 0.75
Tops Short -0.06 17.67 0.18
Bottoms Short 0.06 17.78 0.08
alerts