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 14.48 0.60
Bottoms Long 0 11.64 0.53
Tops Intermediate 0 12.41 0.16
Bottoms Intermediate 0 11.17 0.02
Tops Short -0.06 11.79 0.15
Bottoms Short 0.06 12.22 0.68
alerts