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 0.12 22.06 0.87
Bottoms Long 0.12 19.22 0.80
Tops Intermediate 0 18.58 0.16
Bottoms Intermediate -0.06 14.35 0.73
Tops Short -0.06 16.39 0.36
Bottoms Short -0.12 14.59 0.51
alerts