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 41.82 0.55
Bottoms Long -0.06 38.86 0.80
Tops Intermediate 0.06 45.40 0.32
Bottoms Intermediate 0.06 42.95 0.41
Tops Short -0.12 41.88 0.69
Bottoms Short 0 41.95 0.01
alerts