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 25.82 0.71
Bottoms Long 0.06 20.78 0.54
Tops Intermediate -0.06 21.36 0.66
Bottoms Intermediate -0.06 19.24 0.46
Tops Short 0 21.61 0.15
Bottoms Short -0.12 18.12 0.84
alerts