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 23.91 0.79
Bottoms Long -0.12 21.34 0.94
Tops Intermediate -0.06 24.83 0.72
Bottoms Intermediate 0 24.49 0.02
Tops Short 0 25.71 0.03
Bottoms Short 0.06 25.30 0.19
alerts