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 -0.84 13.47 0.38
Bottoms Long -0.18 27.33 0.59
Tops Intermediate -0.48 31.03 0.59
Bottoms Intermediate -0.12 26.71 0.82
Tops Short -0.54 29.22 0.46
Bottoms Short -0.18 26.88 0.63
alerts