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 38.41 0.47
Bottoms Long 0 36.64 0.23
Tops Intermediate 0 39.41 0.19
Bottoms Intermediate 0 37.97 0.91
Tops Short -0.06 37.93 0.65
Bottoms Short 0 37.82 0.08
alerts