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 33.79 0.53
Bottoms Long 0 28.89 0.16
Tops Intermediate 0.06 33.87 0.80
Bottoms Intermediate 0 27.46 0.09
Tops Short -0.06 30.52 0.26
Bottoms Short -0.18 28.01 0.73
alerts