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 -0.06 12.76 0.39
Bottoms Long -0.06 10.89 0.37
Tops Intermediate 0.06 16.18 0.64
Bottoms Intermediate 0.06 13.50 0.79
Tops Short -0.06 14.79 0.16
Bottoms Short -0.12 12.65 0.61
alerts