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 0.42 39.73 0.53
Bottoms Long 0.3 28.83 0.46
Tops Intermediate -0.18 35.97 0.96
Bottoms Intermediate 0 34.50 0.01
Tops Short -0.06 37.47 0.34
Bottoms Short 0.06 37.09 0.05
alerts