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 0.18 20.58 0.41
Bottoms Long 0.12 11.98 0.70
Tops Intermediate -0.12 8.04 0.61
Bottoms Intermediate -0.06 7.15 0.79
Tops Short -0.06 9.21 0.31
Bottoms Short -0.06 7.83 0.55
alerts