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 36.89 0.81
Bottoms Long -0.06 30.97 0.51
Tops Intermediate -0.06 36.09 0.74
Bottoms Intermediate 0 32.85 0.01
Tops Short -0.06 34.83 0.08
Bottoms Short 0.18 36.11 0.51
alerts