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 44.09 0.06
Bottoms Long 0 38.28 0.02
Tops Intermediate -0.12 36.94 0.89
Bottoms Intermediate -0.12 35.83 0.58
Tops Short -0.06 38.33 0.13
Bottoms Short 0 37.61 0.01
alerts