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 8.52 0.49
Bottoms Long 0.06 4.50 0.32
Tops Intermediate -0.06 8.38 0.63
Bottoms Intermediate -0.06 7.12 0.70
Tops Short 0 8.61 0.17
Bottoms Short 0 8.47 0.11
alerts