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 38.28 0.81
Bottoms Long -0.06 33.65 0.34
Tops Intermediate 0.06 40.96 0.69
Bottoms Intermediate 0.12 39.90 0.96
Tops Short 0.12 41.19 0.58
Bottoms Short 0.06 39.03 0.56
alerts