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 17.65 0.73
Bottoms Long -0.12 13.85 0.72
Tops Intermediate 0.06 21.04 0.55
Bottoms Intermediate 0.06 17.60 0.46
Tops Short 0.06 20.51 0.20
Bottoms Short 0 16.64 0.03
alerts