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 6.85 0.81
Bottoms Long 0.06 5.43 0.63
Tops Intermediate 0 5.37 0.52
Bottoms Intermediate 0 4.85 0.36
Tops Short 0 5.09 0.08
Bottoms Short 0 4.94 0.01
alerts