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 12.88 0.91
Bottoms Long 0 11.59 0.56
Tops Intermediate 0 13.14 0.28
Bottoms Intermediate 0 12.24 0.32
Tops Short 0 13.50 0.25
Bottoms Short 0 13.02 0.10
alerts