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 18.98 0.42
Bottoms Long 0 14.71 0.09
Tops Intermediate 0 17.26 0.08
Bottoms Intermediate -0.06 12.80 0.95
Tops Short -0.12 14.05 0.72
Bottoms Short 0.18 14.35 0.94
alerts