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 21.93 0.32
Bottoms Long -0.06 19.41 0.47
Tops Intermediate -0.12 19.51 0.54
Bottoms Intermediate -0.06 18.40 0.84
Tops Short -0.18 18.28 0.70
Bottoms Short -0.12 17.45 0.57
alerts