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 19.55 0.40
Bottoms Long -0.06 14.93 0.41
Tops Intermediate 0 20.95 0.35
Bottoms Intermediate 0 15.74 0.10
Tops Short 0.06 18.13 0.05
Bottoms Short 0.06 16.91 0.27
alerts