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 21.47 0.79
Bottoms Long 0 21.09 0.19
Tops Intermediate -0.06 20.77 0.79
Bottoms Intermediate -0.12 18.36 0.77
Tops Short 0 21.88 0.01
Bottoms Short 0.06 21.48 0.59
alerts