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 -0.12 32.70 0.95
Bottoms Long -0.12 26.85 0.70
Tops Intermediate -0.12 31.75 0.81
Bottoms Intermediate -0.12 28.86 0.39
Tops Short 0 33.35 0.01
Bottoms Short 0.12 32.76 0.19
alerts