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 25.58 0.63
Bottoms Long -0.06 21.11 0.86
Tops Intermediate 0 26.45 0.02
Bottoms Intermediate -0.06 21.63 1.00
Tops Short 0.06 26.55 0.15
Bottoms Short 0.06 24.12 0.08
alerts