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 21.10 0.84
Bottoms Long -0.06 19.13 0.60
Tops Intermediate 0 21.82 0.14
Bottoms Intermediate -0.12 17.54 0.60
Tops Short -0.18 18.44 0.43
Bottoms Short -0.18 17.35 0.55
alerts