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 5.65 0.78
Bottoms Long 0 4.01 0.78
Tops Intermediate 0.06 5.52 0.41
Bottoms Intermediate 0.06 4.94 0.90
Tops Short 0 4.52 0.15
Bottoms Short 0 4.28 0.36
alerts