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 10.83 0.60
Bottoms Long 0.06 9.72 0.90
Tops Intermediate 0 9.24 0.73
Bottoms Intermediate 0 8.41 0.00
Tops Short 0 9.07 0.03
Bottoms Short 0 8.65 0.00
alerts