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 14.58 0.80
Bottoms Long 0 11.58 0.54
Tops Intermediate 0 13.36 0.14
Bottoms Intermediate 0 11.50 0.19
Tops Short 0 12.75 0.09
Bottoms Short 0.06 12.51 0.41
alerts