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 5.44 0.64
Bottoms Long 0.06 4.40 0.75
Tops Intermediate 0 3.36 0.49
Bottoms Intermediate 0 3.13 0.19
Tops Short 0 3.64 0.59
Bottoms Short 0 3.52 0.67
alerts