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 0 100.46 0.41
Bottoms Long 0 100.15 0.76
Tops Intermediate 0 100.44 0.08
Bottoms Intermediate 0 100.14 0.75
Tops Short 0 100.50 0.04
Bottoms Short 0 100.35 0.12
alerts