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 11.96 0.53
Bottoms Long 0.06 8.30 0.55
Tops Intermediate 0 11.33 0.15
Bottoms Intermediate 0 9.35 0.17
Tops Short 0 10.65 0.00
Bottoms Short 0 9.62 0.00
alerts