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 5.44 0.75
Bottoms Long 0 4.66 0.93
Tops Intermediate -0.06 4.10 0.80
Bottoms Intermediate 0 4.84 0.60
Tops Short 0 5.53 0.27
Bottoms Short 0 5.24 0.01
alerts