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 18.44 0.20
Bottoms Long 0 13.86 0.05
Tops Intermediate -0.06 16.27 0.25
Bottoms Intermediate -0.06 14.12 0.28
Tops Short -0.06 14.69 0.14
Bottoms Short 0 14.93 0.00
alerts