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 25.85 0.39
Bottoms Long 0.06 21.96 0.42
Tops Intermediate -0.12 21.69 0.71
Bottoms Intermediate -0.06 20.60 0.06
Tops Short -0.12 21.70 0.62
Bottoms Short -0.24 18.46 0.83
alerts