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 31.03 0.61
Bottoms Long -0.06 28.48 0.85
Tops Intermediate -0.06 29.59 0.82
Bottoms Intermediate 0 29.48 0.08
Tops Short 0 31.28 0.11
Bottoms Short 0.06 30.74 0.13
alerts