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 48.08 0.87
Bottoms Long 0.06 42.78 0.69
Tops Intermediate 0 45.86 0.21
Bottoms Intermediate 0.06 44.29 0.25
Tops Short -0.12 42.42 0.68
Bottoms Short -0.12 40.89 0.85
alerts