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 17.72 0.37
Bottoms Long -0.12 10.94 0.85
Tops Intermediate -0.12 15.13 0.60
Bottoms Intermediate 0 14.92 0.07
Tops Short 0.06 16.43 0.17
Bottoms Short 0.12 16.32 0.38
alerts