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 23.67 0.50
Bottoms Long 0.06 18.32 0.54
Tops Intermediate 0 18.34 0.27
Bottoms Intermediate 0.06 17.04 0.26
Tops Short 0 18.00 0.03
Bottoms Short 0.06 17.82 0.32
alerts