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 26.32 0.01
Bottoms Long 0 22.74 0.16
Tops Intermediate -0.06 25.05 0.65
Bottoms Intermediate -0.06 22.86 0.24
Tops Short -0.06 24.69 0.26
Bottoms Short 0 23.54 0.01
alerts