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 27.66 0.64
Bottoms Long 0 24.87 0.19
Tops Intermediate 0.12 32.44 0.50
Bottoms Intermediate -0.06 25.66 0.11
Tops Short 0.24 34.03 0.59
Bottoms Short 0.3 32.71 0.47
alerts