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 -0.12 55.98 0.83
Bottoms Long 0 54.71 0.07
Tops Intermediate -0.06 58.20 0.42
Bottoms Intermediate -0.12 52.26 0.59
Tops Short 0.06 59.31 0.06
Bottoms Short 0.12 58.25 0.30
alerts