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 35.54 0.76
Bottoms Long 0 29.20 0.02
Tops Intermediate 0.12 35.82 0.42
Bottoms Intermediate -0.06 28.51 0.59
Tops Short -0.3 26.99 0.74
Bottoms Short -0.18 27.55 0.75
alerts