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 23.59 0.48
Bottoms Long -0.06 19.44 0.53
Tops Intermediate -0.12 20.60 0.85
Bottoms Intermediate -0.12 18.62 0.48
Tops Short -0.06 20.45 0.50
Bottoms Short -0.06 19.61 0.39
alerts