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 82.08 0.24
Bottoms Long -0.12 67.70 0.58
Tops Intermediate -0.18 75.16 0.64
Bottoms Intermediate 0 71.69 0.01
Tops Short 0.18 78.82 0.96
Bottoms Short 0.18 74.69 0.71
alerts