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 20.65 0.01
Bottoms Long -0.06 17.44 0.72
Tops Intermediate -0.06 18.38 0.62
Bottoms Intermediate -0.06 17.14 0.48
Tops Short -0.06 18.02 0.46
Bottoms Short 0 18.46 0.03
alerts