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 60.50 0.03
Bottoms Long 0 57.01 0.03
Tops Intermediate -0.12 58.75 0.61
Bottoms Intermediate -0.06 56.46 0.06
Tops Short -0.18 57.69 0.53
Bottoms Short 0.36 60.65 0.98
alerts