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 31.16 0.59
Bottoms Long 0 28.83 0.09
Tops Intermediate 0 31.17 0.16
Bottoms Intermediate 0.06 30.66 0.53
Tops Short -0.06 30.61 0.32
Bottoms Short 0 29.93 0.00
alerts