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 30.24 0.48
Bottoms Long 0.06 28.36 0.55
Tops Intermediate -0.06 27.14 0.91
Bottoms Intermediate -0.06 25.73 0.47
Tops Short -0.06 26.87 0.50
Bottoms Short -0.12 25.55 0.59
alerts