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 33.59 0.77
Bottoms Long -0.06 30.66 0.98
Tops Intermediate -0.06 34.00 0.38
Bottoms Intermediate 0 33.14 0.13
Tops Short 0.12 36.02 0.78
Bottoms Short 0.06 34.60 0.64
alerts