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 0.57
Bottoms Long 0.06 18.12 0.38
Tops Intermediate 0 19.09 0.03
Bottoms Intermediate 0 17.00 0.11
Tops Short 0.12 21.10 0.64
Bottoms Short 0.12 19.98 0.87
alerts