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 5.85 0.59
Bottoms Long 0.06 3.88 0.48
Tops Intermediate 0 5.85 0.44
Bottoms Intermediate 0 4.51 0.03
Tops Short -0.06 4.40 0.55
Bottoms Short -0.06 3.79 0.93
alerts