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 60.47 0.70
Bottoms Long -0.18 55.70 0.70
Tops Intermediate -0.36 54.55 0.78
Bottoms Intermediate -0.12 56.08 0.96
Tops Short -0.18 56.86 0.72
Bottoms Short -0.12 56.11 0.88
alerts