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 18.43 0.66
Bottoms Long -0.06 19.33 0.17
Tops Intermediate 0.18 30.54 0.91
Bottoms Intermediate 0.06 24.19 0.75
Tops Short 0 25.47 0.01
Bottoms Short 0.06 24.19 0.07
alerts