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 27.25 0.17
Bottoms Long 0.06 23.84 0.65
Tops Intermediate -0.06 23.08 0.21
Bottoms Intermediate 0 21.90 0.02
Tops Short 0.06 25.74 0.47
Bottoms Short 0 22.59 0.00
alerts