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 46.82 0.58
Bottoms Long 0.06 43.89 0.21
Tops Intermediate 0 45.07 0.29
Bottoms Intermediate -0.06 43.08 0.12
Tops Short 0.12 46.24 0.39
Bottoms Short 0.06 44.85 0.16
alerts