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 31.92 0.24
Bottoms Long 0.06 28.54 0.24
Tops Intermediate -0.06 27.32 0.63
Bottoms Intermediate -0.12 24.32 0.38
Tops Short 0.06 29.27 0.72
Bottoms Short 0.12 28.03 0.59
alerts