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 10.99 0.16
Bottoms Long 0 10.26 0.34
Tops Intermediate 0 11.85 0.62
Bottoms Intermediate 0 11.41 0.63
Tops Short 0 11.37 1.00
Bottoms Short 0 11.15 0.65
alerts