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 23.05 0.22
Bottoms Long -0.06 19.85 0.23
Tops Intermediate -0.3 16.44 0.75
Bottoms Intermediate -0.3 13.06 0.89
Tops Short -0.12 16.99 0.89
Bottoms Short -0.12 16.58 0.78
alerts