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 32.64 0.04
Bottoms Long 0 30.09 0.08
Tops Intermediate 0.06 35.91 0.75
Bottoms Intermediate 0.12 34.21 0.66
Tops Short 0.12 35.80 0.46
Bottoms Short 0.06 33.46 0.11
alerts