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 32.31 0.23
Bottoms Long -0.06 26.93 0.80
Tops Intermediate 0.06 34.13 0.65
Bottoms Intermediate 0.06 32.34 0.57
Tops Short 0.18 34.98 0.60
Bottoms Short 0.3 35.06 1.00
alerts