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 31.32 0.65
Bottoms Long 0.12 26.07 0.65
Tops Intermediate -0.12 23.86 0.72
Bottoms Intermediate -0.06 22.25 0.29
Tops Short 0.06 25.91 0.22
Bottoms Short 0 23.95 0.05
alerts