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 22.81 0.11
Bottoms Long 0 20.75 0.08
Tops Intermediate 0.12 25.21 0.96
Bottoms Intermediate 0.12 23.26 0.76
Tops Short 0.06 23.16 0.49
Bottoms Short 0.06 22.37 0.36
alerts