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 32.86 0.81
Bottoms Long -0.18 21.63 0.48
Tops Intermediate 0 34.18 0.21
Bottoms Intermediate -1.02 6.69 0.57
Tops Short -0.48 23.15 0.17
Bottoms Short -0.72 17.19 0.25
alerts