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 -0.12 1.04 0.34
Bottoms Long 0 4.65 0.02
Tops Intermediate 0 6.25 0.49
Bottoms Intermediate 0 5.36 0.99
Tops Short 0 6.16 0.32
Bottoms Short 0 5.52 0.24
alerts