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 5.03 0.72
Bottoms Long -0.06 1.71 1.00
Tops Intermediate -0.06 2.41 0.76
Bottoms Intermediate -0.06 2.17 0.81
Tops Short -0.06 2.66 0.92
Bottoms Short 0 2.54 0.41
alerts