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 14.22 0.40
Bottoms Long 0.12 10.72 0.49
Tops Intermediate -0.12 14.90 0.59
Bottoms Intermediate 0 15.18 0.10
Tops Short 0.12 18.31 0.84
Bottoms Short 0.06 16.47 0.26
alerts