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 -0.18 22.47 0.64
Bottoms Long -0.18 15.91 0.87
Tops Intermediate -0.3 17.41 0.66
Bottoms Intermediate -0.12 16.37 0.77
Tops Short -0.06 20.37 0.35
Bottoms Short 0.06 19.16 1.00
alerts