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 22.24 0.65
Bottoms Long -0.06 19.12 0.67
Tops Intermediate -0.06 21.51 0.41
Bottoms Intermediate 0 21.84 0.05
Tops Short 0.06 23.53 0.35
Bottoms Short 0.06 22.73 0.29
alerts