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 16.89 0.27
Bottoms Long -0.06 12.35 0.93
Tops Intermediate 0 18.41 0.06
Bottoms Intermediate 0.06 16.01 0.49
Tops Short -0.12 15.68 0.45
Bottoms Short -0.06 16.02 0.10
alerts