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 0.3 30.84 0.67
Bottoms Long 0.18 22.74 0.74
Tops Intermediate -0.06 17.71 0.28
Bottoms Intermediate -0.06 14.92 0.93
Tops Short -0.06 17.12 0.20
Bottoms Short -0.06 15.43 0.44
alerts