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 15.74 0.73
Bottoms Long 0.06 12.81 0.84
Tops Intermediate 0 15.29 0.13
Bottoms Intermediate 0 12.38 0.00
Tops Short 0 13.68 0.00
Bottoms Short 0 12.85 0.00
alerts