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 9.06 0.77
Bottoms Long -0.06 6.96 0.76
Tops Intermediate -0.12 8.08 0.85
Bottoms Intermediate -0.12 5.69 0.71
Tops Short -0.12 7.04 0.69
Bottoms Short 0 7.25 0.00
alerts