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 27.04 0.55
Bottoms Long -0.06 22.47 0.94
Tops Intermediate -0.18 24.34 0.79
Bottoms Intermediate 0 25.18 0.05
Tops Short 0 26.51 0.01
Bottoms Short 0.06 26.30 0.32
alerts