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 15.21 0.76
Bottoms Long -0.06 13.26 0.80
Tops Intermediate 0.06 19.01 0.79
Bottoms Intermediate -0.12 11.71 0.79
Tops Short -0.06 14.23 0.28
Bottoms Short 0 14.26 0.01
alerts