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 22.29 0.85
Bottoms Long 0 21.87 0.05
Tops Intermediate 0 22.39 0.53
Bottoms Intermediate -0.06 21.11 0.34
Tops Short 0 22.13 0.08
Bottoms Short 0 21.87 0.05
alerts