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 20.12 0.52
Bottoms Long -0.06 16.01 0.72
Tops Intermediate -0.06 18.03 0.60
Bottoms Intermediate -0.12 15.16 0.54
Tops Short -0.12 17.47 0.54
Bottoms Short -0.18 14.25 0.46
alerts