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 10.79 0.36
Bottoms Long 0.06 8.59 0.78
Tops Intermediate -0.06 6.66 0.53
Bottoms Intermediate -0.06 5.58 0.77
Tops Short 0 7.19 0.00
Bottoms Short 0 5.88 0.16
alerts