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 0.18 24.18 0.78
Bottoms Long 0.12 12.91 0.83
Tops Intermediate 0 17.37 0.00
Bottoms Intermediate 0.06 13.64 0.16
Tops Short -0.06 15.03 0.07
Bottoms Short 0 13.64 0.01
alerts