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 0.36 49.69 0.69
Bottoms Long 0.42 50.89 0.61
Tops Intermediate 0 34.56 0.09
Bottoms Intermediate 0.06 32.68 0.18
Tops Short 0.06 34.65 0.29
Bottoms Short 0 32.92 0.00
alerts