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 -0.54 41.34 0.71
Bottoms Long -0.24 47.57 0.48
Tops Intermediate -0.48 51.29 0.94
Bottoms Intermediate -0.42 47.27 0.79
Tops Short -0.18 52.76 0.14
Bottoms Short 0.06 52.22 0.06
alerts