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 21.86 0.10
Bottoms Long 0 19.11 0.75
Tops Intermediate -0.06 20.12 0.83
Bottoms Intermediate 0 20.18 0.03
Tops Short 0 21.49 0.06
Bottoms Short 0.06 20.96 0.27
alerts