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 28.67 0.87
Bottoms Long 0.06 24.76 0.57
Tops Intermediate 0 25.81 0.02
Bottoms Intermediate -0.06 22.32 0.36
Tops Short 0.06 26.23 0.38
Bottoms Short 0.06 24.41 0.29
alerts