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 69.51 0.43
Bottoms Long 0 62.28 0.02
Tops Intermediate -0.06 66.84 0.25
Bottoms Intermediate -0.12 58.61 0.20
Tops Short 0 66.00 0.01
Bottoms Short 0.24 66.17 0.32
alerts