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 14.46 0.21
Bottoms Long 0 12.72 0.32
Tops Intermediate -0.06 13.21 0.96
Bottoms Intermediate 0 12.95 0.19
Tops Short -0.06 13.48 0.40
Bottoms Short 0 13.11 0.00
alerts