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 26.76 0.88
Bottoms Long 0 22.73 0.07
Tops Intermediate -0.06 23.12 0.21
Bottoms Intermediate -0.18 17.08 0.58
Tops Short 0 23.03 0.04
Bottoms Short 0.12 22.72 0.29
alerts