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 23.65 0.05
Bottoms Long 0.06 23.70 0.43
Tops Intermediate 0 23.77 0.01
Bottoms Intermediate -0.06 21.46 0.44
Tops Short 0 23.76 0.02
Bottoms Short 0.12 23.69 0.88
alerts