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 -0.12 19.73 0.58
Bottoms Long -0.06 19.70 0.39
Tops Intermediate -0.12 21.10 0.78
Bottoms Intermediate -0.12 17.95 0.71
Tops Short -0.12 19.38 0.25
Bottoms Short 0.06 19.33 0.14
alerts