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 5.80 0.31
Bottoms Long -0.06 4.33 0.66
Tops Intermediate -0.06 4.71 0.68
Bottoms Intermediate -0.06 3.76 0.83
Tops Short 0 5.32 0.01
Bottoms Short 0.06 5.60 0.85
alerts