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 26.07 0.59
Bottoms Long -0.06 25.35 0.15
Tops Intermediate 0.06 29.94 0.55
Bottoms Intermediate 0.06 27.96 0.75
Tops Short 0.06 29.71 0.46
Bottoms Short 0.06 29.10 0.37
alerts