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 -0.24 76.64 0.94
Bottoms Long -0.18 71.86 0.63
Tops Intermediate -0.18 77.47 0.50
Bottoms Intermediate 0 76.50 0.02
Tops Short 0.12 81.43 0.52
Bottoms Short 0.12 79.64 0.51
alerts