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 52.18 0.83
Bottoms Long 0.06 47.86 0.64
Tops Intermediate -0.06 49.47 0.50
Bottoms Intermediate -0.06 47.87 0.11
Tops Short -0.06 49.37 0.31
Bottoms Short -0.12 47.36 0.67
alerts