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 -0.06 14.86 0.78
Bottoms Long -0.06 13.98 0.50
Tops Intermediate 0 16.58 0.18
Bottoms Intermediate 0.06 16.24 0.93
Tops Short 0 16.38 0.11
Bottoms Short 0.06 16.06 0.77
alerts