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 34.86 0.38
Bottoms Long -0.06 29.99 0.09
Tops Intermediate 0.06 37.90 0.48
Bottoms Intermediate 0.06 33.98 0.69
Tops Short -0.06 34.27 0.25
Bottoms Short -0.06 33.72 0.11
alerts