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 38.54 0.82
Bottoms Long -0.12 33.11 0.70
Tops Intermediate -0.06 40.06 0.39
Bottoms Intermediate 0.06 38.59 0.32
Tops Short 0.12 41.68 0.66
Bottoms Short 0.18 40.88 0.41
alerts