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 75.04 0.34
Bottoms Long 0 72.19 0.09
Tops Intermediate -0.06 73.43 0.48
Bottoms Intermediate 0 73.02 0.01
Tops Short -0.12 72.38 0.57
Bottoms Short -0.06 71.86 0.50
alerts