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 23.90 0.76
Bottoms Long 0.06 19.50 0.41
Tops Intermediate 0 19.74 0.05
Bottoms Intermediate 0 17.30 0.65
Tops Short 0.06 20.50 0.24
Bottoms Short 0.06 20.39 0.59
alerts