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 8.56 0.99
Bottoms Long 0.06 6.96 0.69
Tops Intermediate 0 6.56 0.00
Bottoms Intermediate 0 6.06 0.01
Tops Short -0.06 5.81 0.53
Bottoms Short -0.06 5.51 0.39
alerts