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 -0.12 20.08 0.73
Bottoms Long -0.06 17.48 0.60
Tops Intermediate -0.18 18.80 0.79
Bottoms Intermediate 0 19.91 0.00
Tops Short 0.06 22.25 0.13
Bottoms Short 0.18 22.50 0.61
alerts