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 5.53 0.77
Bottoms Long 0 4.63 0.75
Tops Intermediate 0 6.02 0.01
Bottoms Intermediate 0 5.58 0.02
Tops Short 0 5.66 0.37
Bottoms Short 0 5.35 0.48
alerts