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 18.87 0.20
Bottoms Long 0.06 16.67 0.44
Tops Intermediate 0.06 19.32 0.27
Bottoms Intermediate 0.06 16.70 0.59
Tops Short 0.06 19.34 0.51
Bottoms Short 0.12 18.35 0.72
alerts