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 19.80 0.24
Bottoms Long -0.06 16.05 0.41
Tops Intermediate -0.06 19.67 0.05
Bottoms Intermediate 0 18.15 0.00
Tops Short 0.18 22.58 0.61
Bottoms Short 0.18 22.17 0.57
alerts