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 0.6 61.88 0.74
Bottoms Long 0.48 45.28 0.63
Tops Intermediate 0 52.05 0.24
Bottoms Intermediate 0 50.36 0.00
Tops Short 0 52.08 0.01
Bottoms Short 0 51.29 0.00
alerts