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 -0.12 31.19 0.81
Bottoms Long -0.06 29.23 0.22
Tops Intermediate -0.06 31.85 0.37
Bottoms Intermediate -0.06 29.39 0.10
Tops Short 0.06 33.35 0.26
Bottoms Short 0.24 33.05 0.89
alerts