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 10.99 0.49
Bottoms Long 0.06 8.24 0.69
Tops Intermediate 0 5.50 0.31
Bottoms Intermediate 0 5.48 0.05
Tops Short 0.06 6.43 0.40
Bottoms Short 0.06 6.49 0.73
alerts