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 17.75 0.61
Bottoms Long 0 16.02 0.29
Tops Intermediate 0.06 20.79 0.47
Bottoms Intermediate 0.06 18.19 0.40
Tops Short 0.06 19.89 0.09
Bottoms Short 0.06 18.61 0.69
alerts