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.
Trend Term Slope Todays Value rSquare
Tops Long 0 0.00 0.18 Bottoms Long 0 0.00 0.03 Tops Intermediate -0 0.00 0.72 Bottoms Intermediate -0 0.00 0.75 Tops Short -0 0.00 0.25 Bottoms Short -0 0.00 0.07