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 30.83 0.58
Bottoms Long 0 27.41 0.25
Tops Intermediate 0.06 31.81 0.84
Bottoms Intermediate 0 28.79 0.08
Tops Short 0.06 31.06 0.70
Bottoms Short 0.12 30.50 0.58
alerts