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 18.73 0.01
Bottoms Long 0 16.97 0.02
Tops Intermediate 0.06 20.69 0.53
Bottoms Intermediate 0.06 19.52 0.93
Tops Short 0.06 20.69 0.43
Bottoms Short 0.12 20.33 0.48
alerts