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 10.84 0.98
Bottoms Long 0 10.22 0.20
Tops Intermediate 0 10.81 0.85
Bottoms Intermediate -0.12 6.30 0.39
Tops Short -0.12 8.28 0.19
Bottoms Short -0.24 5.69 0.35
alerts