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 -0.24 47.16 0.74
Bottoms Long -0.18 44.06 0.80
Tops Intermediate -0.12 48.97 0.76
Bottoms Intermediate -0.12 44.75 0.70
Tops Short -0.06 49.32 0.19
Bottoms Short 0 47.57 0.00
alerts