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 31.33 0.23
Bottoms Long 0 26.46 0.12
Tops Intermediate -0.06 28.35 0.38
Bottoms Intermediate -0.12 23.89 0.59
Tops Short 0 28.45 0.01
Bottoms Short 0.24 29.22 0.96
alerts