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 0.12 41.24 0.49
Bottoms Long 0.06 34.53 0.44
Tops Intermediate -0.18 32.48 0.73
Bottoms Intermediate -0.12 31.04 0.56
Tops Short -0.06 34.64 0.04
Bottoms Short 0.18 35.79 0.87
alerts