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 21.72 0.06
Bottoms Long 0 18.52 0.08
Tops Intermediate 0.18 27.13 0.71
Bottoms Intermediate 0.18 25.94 0.72
Tops Short -0.06 24.99 0.17
Bottoms Short -0.06 23.18 0.34
alerts