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 -0.06 14.09 0.50
Bottoms Long 0 12.76 0.44
Tops Intermediate -0.06 14.26 0.41
Bottoms Intermediate 0 13.97 0.01
Tops Short -0.06 14.16 0.11
Bottoms Short 0.12 15.50 0.95
alerts