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 -0.12 16.44 0.59
Bottoms Long -0.12 12.78 0.94
Tops Intermediate -0.12 14.92 0.70
Bottoms Intermediate -0.06 15.02 0.17
Tops Short 0.06 17.45 0.39
Bottoms Short 0 15.77 0.05
alerts