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ELRA Trend Analysis
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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 0.00 0.35
Bottoms Long 0 0.00 0.07
Tops Intermediate 0 0.00 0.07
Bottoms Intermediate 0 0.00 0.02
Tops Short 0 0.00 0.40
Bottoms Short 0 0.00 0.24
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