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 60.37 0.54
Bottoms Long 0.06 55.38 0.26
Tops Intermediate -0.06 54.27 0.17
Bottoms Intermediate -0.12 47.90 0.40
Tops Short 0 53.46 0.00
Bottoms Short 0 51.44 0.00
alerts