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 17.81 0.02
Bottoms Long 0 15.65 0.01
Tops Intermediate 0.06 19.24 0.50
Bottoms Intermediate 0.06 17.93 0.60
Tops Short 0.06 19.16 0.47
Bottoms Short 0.06 17.71 0.60
alerts