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 25.34 0.42
Bottoms Long -0.12 17.78 0.73
Tops Intermediate -0.18 18.91 0.76
Bottoms Intermediate -0.18 16.48 0.57
Tops Short -0.06 19.96 0.10
Bottoms Short 0.18 21.15 0.93
alerts