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 47.72 0.38
Bottoms Long 0.06 42.43 0.23
Tops Intermediate 0 44.50 0.06
Bottoms Intermediate -0.06 40.46 0.07
Tops Short -0.06 42.84 0.06
Bottoms Short 0.12 44.00 0.17
alerts