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 15.21 0.96
Bottoms Long 0 14.36 0.47
Tops Intermediate 0 16.25 0.15
Bottoms Intermediate 0 15.13 0.72
Tops Short 0 15.50 0.08
Bottoms Short 0 15.47 0.21
alerts