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 0.3 32.04 0.40
Bottoms Long 0.18 20.15 0.70
Tops Intermediate -0.06 20.55 0.29
Bottoms Intermediate 0.06 20.94 0.09
Tops Short 0.12 22.73 0.28
Bottoms Short 0.12 22.75 0.36
alerts