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 17.68 0.98
Bottoms Long 0 13.87 0.04
Tops Intermediate 0 16.37 0.28
Bottoms Intermediate -0.06 12.94 0.29
Tops Short 0.06 16.00 0.16
Bottoms Short 0.12 16.12 0.43
alerts