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 30.03 0.43
Bottoms Long -0.06 27.38 0.14
Tops Intermediate 0.12 34.11 0.73
Bottoms Intermediate 0.12 31.97 0.86
Tops Short 0.06 33.23 0.34
Bottoms Short 0.12 32.02 0.84
alerts