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 24.24 0.63
Bottoms Long 0.06 19.40 0.67
Tops Intermediate -0.06 18.96 0.52
Bottoms Intermediate -0.06 17.62 0.70
Tops Short -0.12 18.17 0.42
Bottoms Short -0.12 17.40 0.55
alerts