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 16.60 0.27
Bottoms Long -0.06 10.94 0.65
Tops Intermediate -0.12 12.63 0.46
Bottoms Intermediate -0.06 11.14 0.50
Tops Short 0.12 15.73 0.38
Bottoms Short 0.12 13.54 0.94
alerts