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 70.60 0.34
Bottoms Long 0 64.66 0.00
Tops Intermediate -0.06 66.10 0.37
Bottoms Intermediate -0.06 63.15 0.92
Tops Short 0 66.02 0.04
Bottoms Short -0.06 63.62 0.45
alerts