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 12.33 0.90
Bottoms Long 0.06 10.94 0.80
Tops Intermediate 0.06 12.46 0.84
Bottoms Intermediate 0 10.59 0.53
Tops Short 0.06 12.22 0.39
Bottoms Short 0 10.53 0.00
alerts