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 37.99 0.88
Bottoms Long 0 36.09 0.21
Tops Intermediate 0 39.23 0.00
Bottoms Intermediate 0.06 38.31 0.36
Tops Short 0.06 39.42 0.86
Bottoms Short 0.06 38.94 0.79
alerts