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 53.59 0.21
Bottoms Long 0 39.65 0.00
Tops Intermediate 0.06 52.86 0.09
Bottoms Intermediate 0 39.76 0.00
Tops Short 0.06 51.84 0.02
Bottoms Short -0.18 41.80 0.06
alerts