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 13.63 0.44
Bottoms Long -0.06 10.62 0.58
Tops Intermediate -0.06 12.43 0.44
Bottoms Intermediate -0.06 10.43 0.30
Tops Short 0 13.13 0.03
Bottoms Short 0.12 12.96 0.65
alerts