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 31.96 0.29
Bottoms Long 0 31.70 0.01
Tops Intermediate 0.12 37.03 0.90
Bottoms Intermediate 0.06 33.89 0.57
Tops Short 0 34.78 0.00
Bottoms Short 0.06 34.80 0.22
alerts