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 41.59 0.45
Bottoms Long -0.12 32.76 0.72
Tops Intermediate -0.18 34.47 0.71
Bottoms Intermediate -0.06 34.81 0.06
Tops Short 0.06 38.86 0.11
Bottoms Short 0.18 38.90 0.42
alerts