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 29.00 0.83
Bottoms Long 0.06 25.31 0.44
Tops Intermediate 0 26.65 0.05
Bottoms Intermediate 0.06 24.19 0.32
Tops Short 0.06 26.97 0.23
Bottoms Short 0.12 25.81 0.58
alerts