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 18.04 0.65
Bottoms Long -0.06 15.81 0.89
Tops Intermediate -0.06 17.59 0.43
Bottoms Intermediate -0.06 16.47 0.65
Tops Short -0.06 17.23 0.50
Bottoms Short 0 16.91 0.12
alerts