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 18.05 0.35
Bottoms Long 0 15.81 0.08
Tops Intermediate -0.12 16.47 0.82
Bottoms Intermediate -0.18 12.86 0.77
Tops Short 0 17.37 0.06
Bottoms Short 0 17.15 0.01
alerts