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 22.78 0.78
Bottoms Long -0.06 20.66 0.47
Tops Intermediate 0.06 25.78 0.39
Bottoms Intermediate 0 22.48 0.01
Tops Short 0 23.56 0.33
Bottoms Short 0 22.60 0.10
alerts