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 38.45 0.91
Bottoms Long -0.06 36.23 0.64
Tops Intermediate -0.06 38.18 0.79
Bottoms Intermediate -0.12 34.30 0.98
Tops Short 0 38.64 0.02
Bottoms Short 0.06 39.02 0.57
alerts