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 14.65 0.65
Bottoms Long 0.06 12.65 0.78
Tops Intermediate 0 12.56 0.52
Bottoms Intermediate 0 11.15 0.75
Tops Short 0 12.19 0.06
Bottoms Short 0 11.49 0.19
alerts