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 37.64 0.27
Bottoms Long -0.06 31.93 0.56
Tops Intermediate -0.06 35.94 0.07
Bottoms Intermediate 0 33.58 0.03
Tops Short -0.12 34.32 0.47
Bottoms Short 0 33.91 0.02
alerts