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 54.81 0.16
Bottoms Long 0 42.86 0.01
Tops Intermediate 0.12 52.58 0.54
Bottoms Intermediate 0.36 53.65 0.85
Tops Short 0.06 51.01 0.04
Bottoms Short 0.06 50.20 0.11
alerts