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 33.47 0.89
Bottoms Long -0.06 30.42 0.73
Tops Intermediate -0.06 34.65 0.45
Bottoms Intermediate -0.06 30.95 0.96
Tops Short -0.12 33.56 0.75
Bottoms Short -0.12 31.30 0.45
alerts