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 33.66 0.43
Bottoms Long -0.06 27.22 0.51
Tops Intermediate -0.06 32.63 0.44
Bottoms Intermediate 0.12 32.65 0.82
Tops Short 0.12 34.64 0.70
Bottoms Short 0.18 33.91 0.68
alerts