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 22.06 0.21
Bottoms Long 0.06 20.78 0.52
Tops Intermediate 0.06 23.01 0.64
Bottoms Intermediate 0.12 22.30 0.77
Tops Short 0.24 26.86 0.88
Bottoms Short 0.24 25.48 0.76
alerts