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 21.49 0.24
Bottoms Long -0.06 18.61 0.68
Tops Intermediate 0 23.62 0.12
Bottoms Intermediate 0 19.71 0.94
Tops Short 0.12 25.13 0.70
Bottoms Short 0.12 23.79 0.61
alerts