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 0.18 20.04 0.81
Bottoms Long 0.12 16.88 0.72
Tops Intermediate 0 13.33 0.00
Bottoms Intermediate 0 10.51 0.98
Tops Short 0 13.48 0.14
Bottoms Short 0 12.74 0.08
alerts