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 21.83 0.68
Bottoms Long 0.06 17.03 0.33
Tops Intermediate 0 17.12 0.42
Bottoms Intermediate -0.06 14.23 0.70
Tops Short 0 17.17 0.01
Bottoms Short 0.06 15.91 0.42
alerts