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 15.49 0.66
Bottoms Long -0.06 13.35 0.74
Tops Intermediate 0 15.69 0.03
Bottoms Intermediate 0 14.72 0.00
Tops Short 0 15.99 0.18
Bottoms Short 0.06 15.72 0.33
alerts