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 21.31 0.55
Bottoms Long 0.12 10.86 0.36
Tops Intermediate 0 20.40 0.03
Bottoms Intermediate 0.06 20.77 0.76
Tops Short 0.06 21.24 0.56
Bottoms Short 0.06 21.23 0.87
alerts