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 8.01 0.58
Bottoms Long -0.06 5.67 0.64
Tops Intermediate 0 9.12 0.06
Bottoms Intermediate 0 8.34 0.52
Tops Short 0.06 9.68 0.69
Bottoms Short 0.06 8.99 0.70
alerts