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 13.81 0.58
Bottoms Long 0.06 8.26 0.40
Tops Intermediate -0.06 10.30 0.81
Bottoms Intermediate -0.06 8.68 0.71
Tops Short -0.06 10.75 0.21
Bottoms Short 0.06 10.83 0.23
alerts