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 16.73 0.17
Bottoms Long 0.06 15.06 0.47
Tops Intermediate -0.06 14.38 0.48
Bottoms Intermediate 0.06 15.19 0.18
Tops Short 0.12 16.58 0.82
Bottoms Short 0.12 16.66 0.71
alerts