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 18.06 0.47
Bottoms Long -0.06 15.68 0.21
Tops Intermediate 0.12 22.93 0.89
Bottoms Intermediate 0.12 20.74 0.75
Tops Short 0 20.21 0.03
Bottoms Short 0 19.57 0.00
alerts