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 47.36 0.87
Bottoms Long 0 45.41 0.01
Tops Intermediate 0.06 51.92 0.28
Bottoms Intermediate 0.06 46.61 0.52
Tops Short 0 49.84 0.04
Bottoms Short 0 46.23 0.01
alerts