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 17.04 0.40
Bottoms Long 0 16.67 0.01
Tops Intermediate 0 16.68 0.67
Bottoms Intermediate 0 16.70 0.07
Tops Short 0 17.04 0.07
Bottoms Short 0.06 17.16 0.43
alerts