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 18.89 0.81
Bottoms Long 0 14.09 0.05
Tops Intermediate -0.06 15.21 0.27
Bottoms Intermediate -0.06 13.00 0.16
Tops Short -0.06 12.90 0.27
Bottoms Short 0.06 13.53 0.45
alerts