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 10.49 0.64
Bottoms Long 0.12 10.00 0.67
Tops Intermediate 0 12.01 0.11
Bottoms Intermediate 0 10.84 0.02
Tops Short -0.12 10.54 0.52
Bottoms Short -0.06 10.41 0.52
alerts