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 18.09 0.63
Bottoms Long 0 16.51 0.58
Tops Intermediate 0 17.71 0.06
Bottoms Intermediate 0 16.62 0.03
Tops Short -0.06 16.29 0.42
Bottoms Short 0.06 17.37 0.67
alerts