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 5.09 0.73
Bottoms Long 0 4.55 0.88
Tops Intermediate -0.06 4.32 0.79
Bottoms Intermediate 0 4.48 0.85
Tops Short 0 5.52 0.17
Bottoms Short 0 5.00 0.00
alerts