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 5.53 0.70
Bottoms Long -0.06 5.00 0.56
Tops Intermediate -0.12 3.88 0.70
Bottoms Intermediate 0 5.05 0.11
Tops Short 0.06 6.71 0.42
Bottoms Short 0.12 6.55 0.86
alerts