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 33.96 0.48
Bottoms Long 0 28.72 0.02
Tops Intermediate 0.06 32.03 0.16
Bottoms Intermediate 0 30.48 0.09
Tops Short -0.06 30.19 0.04
Bottoms Short 0.12 31.41 0.91
alerts