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 17.47 0.39
Bottoms Long 0 15.11 0.26
Tops Intermediate 0.06 18.31 0.65
Bottoms Intermediate 0.06 16.83 0.36
Tops Short 0.06 18.57 0.79
Bottoms Short -0.06 16.08 0.22
alerts