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 34.59 0.60
Bottoms Long 0.06 35.17 0.43
Tops Intermediate 0.12 39.86 0.83
Bottoms Intermediate 0.12 36.95 0.68
Tops Short 0 35.78 0.03
Bottoms Short 0 35.21 0.00
alerts