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 15.85 0.58
Bottoms Long 0 10.87 0.13
Tops Intermediate 0.06 15.43 0.18
Bottoms Intermediate 0.06 13.47 0.67
Tops Short 0.06 14.47 0.25
Bottoms Short 0.12 14.22 0.63
alerts