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 15.13 0.78
Bottoms Long -0.12 10.75 0.97
Tops Intermediate 0 16.12 0.26
Bottoms Intermediate 0 15.42 0.03
Tops Short 0 16.45 0.08
Bottoms Short -0.06 15.20 0.41
alerts