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 -0.12 18.52 0.89
Bottoms Long -0.06 17.40 0.70
Tops Intermediate -0.06 21.14 0.27
Bottoms Intermediate 0 19.62 0.14
Tops Short 0 20.66 0.02
Bottoms Short 0 19.68 0.17
alerts