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 29.44 0.31
Bottoms Long 0 25.46 0.12
Tops Intermediate 0.12 30.61 0.77
Bottoms Intermediate 0.06 26.13 0.18
Tops Short 0.24 31.78 0.84
Bottoms Short 0.18 30.18 0.77
alerts