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 52.03 0.67
Bottoms Long -0.06 48.95 0.71
Tops Intermediate -0.06 51.73 0.38
Bottoms Intermediate -0.06 50.41 0.19
Tops Short 0.06 53.46 0.50
Bottoms Short 0.18 53.89 0.94
alerts