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 13.88 0.81
Bottoms Long 0.12 14.71 0.74
Tops Intermediate 0 10.77 0.48
Bottoms Intermediate 0 10.20 0.93
Tops Short 0 10.67 0.39
Bottoms Short 0 10.23 0.87
alerts