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 8.39 0.97
Bottoms Long -0.06 6.63 0.66
Tops Intermediate -0.06 9.94 0.67
Bottoms Intermediate -0.06 5.70 0.80
Tops Short -0.12 6.95 0.68
Bottoms Short -0.12 5.23 0.89
alerts