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 27.15 0.22
Bottoms Long 0 24.32 0.20
Tops Intermediate -0.06 25.86 0.31
Bottoms Intermediate 0 24.17 0.10
Tops Short 0.06 26.99 0.38
Bottoms Short 0.12 26.55 0.65
alerts