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 28.46 0.69
Bottoms Long 0.06 26.16 0.98
Tops Intermediate 0 25.55 0.08
Bottoms Intermediate 0.06 25.94 0.88
Tops Short 0.06 26.68 0.51
Bottoms Short 0.12 26.54 0.64
alerts