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 17.57 0.56
Bottoms Long 0.12 12.38 0.54
Tops Intermediate -0.06 16.38 0.34
Bottoms Intermediate 0 15.40 0.00
Tops Short 0.06 18.03 0.49
Bottoms Short 0 16.05 0.11
alerts