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 28.15 0.62
Bottoms Long -0.06 26.77 0.64
Tops Intermediate -0.06 26.43 0.55
Bottoms Intermediate -0.06 27.20 0.12
Tops Short -0.06 27.88 0.66
Bottoms Short -0.06 27.56 0.63
alerts