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 26.54 0.82
Bottoms Long -0.06 24.06 0.50
Tops Intermediate 0 26.25 0.26
Bottoms Intermediate 0 26.13 0.54
Tops Short 0 27.12 0.10
Bottoms Short 0.06 26.24 0.94
alerts