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 26.05 0.68
Bottoms Long 0 23.78 0.95
Tops Intermediate 0.06 28.01 0.91
Bottoms Intermediate 0.06 24.48 0.53
Tops Short 0 25.08 0.05
Bottoms Short -0.06 24.30 0.22
alerts