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 0.18 20.51 0.52
Bottoms Long 0.12 10.90 0.49
Tops Intermediate -0.3 3.84 0.65
Bottoms Intermediate -0.06 7.05 0.52
Tops Short -0.06 8.43 0.23
Bottoms Short -0.06 7.12 0.59
alerts