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 13.44 0.02
Bottoms Long 0.06 9.06 0.77
Tops Intermediate -0.06 9.19 0.23
Bottoms Intermediate 0 7.55 0.13
Tops Short 0.06 10.17 0.42
Bottoms Short 0.06 9.13 0.75
alerts