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 -0.36 10.20 0.73
Bottoms Long -0.42 -1.66 0.80
Tops Intermediate -0.48 -0.09 0.46
Bottoms Intermediate -0.06 10.92 0.21
Tops Short 0.12 14.90 0.59
Bottoms Short 0.12 14.46 0.60
alerts