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 30.64 0.54
Bottoms Long 0 29.24 0.15
Tops Intermediate 0.06 33.69 0.44
Bottoms Intermediate 0 30.35 0.11
Tops Short 0 31.41 0.63
Bottoms Short 0 31.26 0.03
alerts