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 55.53 0.47
Bottoms Long -0.06 51.61 0.60
Tops Intermediate 0.06 59.77 0.66
Bottoms Intermediate 0.12 58.38 0.92
Tops Short 0.54 69.47 0.68
Bottoms Short 0.18 60.52 0.89
alerts