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 24.84 0.66
Bottoms Long 0 17.04 0.00
Tops Intermediate -0.12 17.77 0.87
Bottoms Intermediate -0.12 14.72 0.79
Tops Short -0.12 16.63 0.56
Bottoms Short -0.18 15.32 0.45
alerts