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 28.15 0.34
Bottoms Long -0.06 21.98 0.72
Tops Intermediate -0.06 25.46 0.97
Bottoms Intermediate -0.12 21.59 0.59
Tops Short -0.06 24.85 0.39
Bottoms Short 0 24.55 0.00
alerts