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 10.57 0.22
Bottoms Long -0.12 4.74 0.48
Tops Intermediate -0.18 5.68 0.49
Bottoms Intermediate 0.06 7.87 0.54
Tops Short 0 8.81 0.16
Bottoms Short 0.06 8.48 0.51
alerts