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 16.61 0.03
Bottoms Long 0 13.83 0.16
Tops Intermediate -0.24 9.70 0.70
Bottoms Intermediate -0.24 8.82 0.78
Tops Short 0.06 15.69 0.50
Bottoms Short -0.24 9.29 0.50
alerts