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 30.80 0.32
Bottoms Long 0 24.40 0.00
Tops Intermediate 0.12 33.63 0.78
Bottoms Intermediate 0.12 31.26 0.57
Tops Short 0.18 33.42 0.46
Bottoms Short 0.24 32.91 0.53
alerts