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 6.28 0.67
Bottoms Long 0 4.14 0.46
Tops Intermediate -0.06 3.65 0.51
Bottoms Intermediate -0.06 2.83 0.36
Tops Short 0 4.61 0.34
Bottoms Short 0 4.10 0.53
alerts