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 17.01 0.35
Bottoms Long 0 14.65 0.01
Tops Intermediate 0.06 17.17 0.59
Bottoms Intermediate 0.06 16.25 0.97
Tops Short -0.06 15.92 0.42
Bottoms Short -0.06 15.68 0.46
alerts