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 -0.18 10.35 0.29
Bottoms Long 0 13.15 0.03
Tops Intermediate -0.06 15.33 0.08
Bottoms Intermediate -0.06 11.93 0.68
Tops Short -0.18 12.00 0.56
Bottoms Short -0.06 12.11 0.56
alerts