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 39.44 0.56
Bottoms Long 0 33.61 0.19
Tops Intermediate 0.12 41.94 0.87
Bottoms Intermediate 0.12 37.57 0.49
Tops Short -0.06 38.39 0.18
Bottoms Short -0.12 36.10 0.39
alerts