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 19.74 0.96
Bottoms Long -0.06 17.52 0.77
Tops Intermediate -0.06 19.23 0.70
Bottoms Intermediate -0.06 17.50 0.44
Tops Short 0 19.63 0.02
Bottoms Short 0.06 19.29 0.88
alerts