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 15.62 0.70
Bottoms Long 0.12 11.02 0.71
Tops Intermediate -0.12 7.36 0.58
Bottoms Intermediate 0 9.09 0.01
Tops Short 0.12 11.21 0.39
Bottoms Short 0.12 11.22 0.81
alerts