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 0.48 56.10 0.57
Bottoms Long 0.36 37.75 0.80
Tops Intermediate -0.12 31.53 0.39
Bottoms Intermediate 0 31.45 0.00
Tops Short 0.12 33.87 0.67
Bottoms Short 0.18 33.47 0.72
alerts