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 25.45 0.63
Bottoms Long -0.06 24.06 0.57
Tops Intermediate -0.06 26.07 0.26
Bottoms Intermediate 0 24.73 0.00
Tops Short 0.06 27.56 0.69
Bottoms Short 0.18 27.53 0.67
alerts