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 23.91 0.44
Bottoms Long 0 18.36 0.06
Tops Intermediate 0 21.00 0.24
Bottoms Intermediate 0.12 20.40 0.90
Tops Short 0.12 22.07 0.50
Bottoms Short 0.12 21.24 0.72
alerts