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 28.76 0.02
Bottoms Long 0 26.14 0.24
Tops Intermediate 0.06 29.53 0.51
Bottoms Intermediate 0 27.44 0.20
Tops Short 0.06 29.59 0.67
Bottoms Short 0.12 29.16 0.76
alerts