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 11.91 0.68
Bottoms Long 0.06 6.68 0.81
Tops Intermediate 0 6.56 0.29
Bottoms Intermediate 0 5.15 0.02
Tops Short 0 6.36 0.02
Bottoms Short 0 5.50 0.06
alerts