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 0 120.45 0.03
Bottoms Long 0.06 109.41 0.29
Tops Intermediate 0.18 124.99 0.43
Bottoms Intermediate 0.12 111.18 0.90
Tops Short 0.06 119.12 0.03
Bottoms Short 0.06 109.58 0.10
alerts