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 22.96 0.97
Bottoms Long -0.06 20.78 0.76
Tops Intermediate -0.12 22.48 0.97
Bottoms Intermediate -0.12 20.70 0.79
Tops Short 0 22.89 0.12
Bottoms Short -0.06 21.89 0.29
alerts