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 21.59 0.73
Bottoms Long 0 14.94 0.31
Tops Intermediate 0.18 25.33 0.83
Bottoms Intermediate -0.06 13.38 0.84
Tops Short -0.12 13.91 0.32
Bottoms Short 0 14.01 0.01
alerts