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 10.39 0.63
Bottoms Long 0.06 8.70 0.64
Tops Intermediate 0 7.15 0.00
Bottoms Intermediate 0 6.04 0.02
Tops Short -0.06 6.25 0.32
Bottoms Short 0 6.66 0.20
alerts