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 10.72 0.01
Bottoms Long 0.06 8.30 0.31
Tops Intermediate -0.12 6.86 0.61
Bottoms Intermediate 0 7.32 0.04
Tops Short 0.12 10.03 0.76
Bottoms Short 0.12 9.75 0.96
alerts