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 63.86 0.71
Bottoms Long 0 58.06 0.08
Tops Intermediate 0 63.14 0.22
Bottoms Intermediate 0.06 60.90 0.17
Tops Short 0.18 63.62 0.49
Bottoms Short 0.24 63.41 0.70
alerts