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 0.24 23.00 0.66
Bottoms Long 0.18 16.86 0.81
Tops Intermediate -0.06 12.58 0.76
Bottoms Intermediate 0 13.54 0.01
Tops Short 0.06 15.59 0.78
Bottoms Short 0.12 15.71 0.92
alerts