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 23.42 0.76
Bottoms Long -0.06 21.02 0.70
Tops Intermediate 0 25.60 0.27
Bottoms Intermediate -0.06 21.88 0.67
Tops Short -0.06 23.06 0.35
Bottoms Short -0.06 22.05 0.50
alerts