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 0.3 31.64 0.53
Bottoms Long 0.36 33.89 0.68
Tops Intermediate -0.12 32.72 0.26
Bottoms Intermediate 0.54 45.57 0.51
Tops Short 0.24 38.86 0.71
Bottoms Short 0.24 37.29 0.65
alerts