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 23.26 0.83
Bottoms Long 0.12 18.61 0.72
Tops Intermediate 0 18.81 0.10
Bottoms Intermediate 0.06 17.39 0.62
Tops Short 0.12 20.17 0.76
Bottoms Short 0.12 19.51 0.90
alerts