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 -0.12 29.53 0.54
Bottoms Long -0.12 22.21 0.48
Tops Intermediate -0.06 31.11 0.11
Bottoms Intermediate -0.24 19.58 0.58
Tops Short 0.12 32.16 0.17
Bottoms Short 0.18 29.46 0.24
alerts