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 23.42 0.03
Bottoms Long 0 19.07 0.00
Tops Intermediate -0.12 20.29 0.92
Bottoms Intermediate -0.06 17.97 0.53
Tops Short -0.12 19.80 0.71
Bottoms Short 0.06 20.26 0.72
alerts