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 0.12 13.36 0.64
Bottoms Long 0.12 11.72 0.54
Tops Intermediate 0 11.90 0.77
Bottoms Intermediate 0 11.59 0.98
Tops Short 0 11.77 0.52
Bottoms Short 0 11.63 0.88
alerts