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 17.23 0.15
Bottoms Long 0.06 15.52 0.60
Tops Intermediate 0.12 20.09 0.67
Bottoms Intermediate 0.12 17.52 0.73
Tops Short -0.12 16.11 0.85
Bottoms Short 0 16.72 0.06
alerts