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 27.85 0.54
Bottoms Long 0 24.88 0.43
Tops Intermediate 0.06 28.58 0.36
Bottoms Intermediate 0 25.86 0.10
Tops Short 0 27.56 0.02
Bottoms Short 0.06 26.56 0.10
alerts