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 -0.18 28.05 0.76
Bottoms Long -0.12 23.74 0.67
Tops Intermediate -0.24 27.66 0.72
Bottoms Intermediate -0.06 26.38 0.15
Tops Short -0.06 29.43 0.06
Bottoms Short 0.06 28.07 0.02
alerts