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 33.14 0.32
Bottoms Long -0.12 25.48 0.71
Tops Intermediate -0.18 28.91 0.61
Bottoms Intermediate -0.06 28.56 0.04
Tops Short 0.06 32.42 0.30
Bottoms Short 0.3 32.59 0.81
alerts