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 6.37 0.68
Bottoms Long 0.06 4.78 0.63
Tops Intermediate 0 4.32 0.16
Bottoms Intermediate 0 3.65 0.02
Tops Short 0 4.40 0.05
Bottoms Short 0.06 4.42 0.56
alerts