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 0.12 16.70 0.81
Bottoms Long 0.12 13.82 0.77
Tops Intermediate 0 11.77 0.04
Bottoms Intermediate 0 11.08 0.54
Tops Short 0 11.69 0.00
Bottoms Short 0 11.13 0.07
alerts