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 13.58 0.78
Bottoms Long -0.18 10.05 0.76
Tops Intermediate -0.18 11.08 0.59
Bottoms Intermediate -0.12 11.39 0.27
Tops Short 0.06 15.71 0.13
Bottoms Short 0.12 15.54 0.89
alerts