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 21.00 0.16
Bottoms Long 0.06 19.19 0.52
Tops Intermediate 0.12 25.29 0.68
Bottoms Intermediate 0.24 22.58 0.96
Tops Short 0.06 22.53 0.02
Bottoms Short 0.12 21.36 0.34
alerts