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 16.96 0.49
Bottoms Long 0 15.93 0.12
Tops Intermediate 0.06 18.80 0.80
Bottoms Intermediate 0 16.61 1.00
Tops Short 0 17.28 0.00
Bottoms Short 0.06 17.32 0.59
alerts