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 10.46 0.17
Bottoms Long 0 9.57 0.50
Tops Intermediate 0.06 11.43 0.66
Bottoms Intermediate 0.06 10.72 0.97
Tops Short 0.06 11.21 0.36
Bottoms Short 0.06 10.96 0.57
alerts