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 23.39 0.80
Bottoms Long -0.06 20.35 0.65
Tops Intermediate -0.06 22.79 0.51
Bottoms Intermediate -0.06 19.45 0.71
Tops Short 0 23.09 0.14
Bottoms Short 0.12 23.44 0.81
alerts