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 25.09 0.51
Bottoms Long -0.06 23.40 0.36
Tops Intermediate -0.18 23.17 0.89
Bottoms Intermediate -0.12 21.61 0.61
Tops Short -0.12 23.11 0.76
Bottoms Short -0.12 22.54 0.45
alerts