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 0.12 53.59 0.66
Bottoms Long 0.12 49.89 0.95
Tops Intermediate 0 50.70 0.00
Bottoms Intermediate 0 48.37 0.06
Tops Short 0 50.24 0.00
Bottoms Short 0 49.67 0.01
alerts