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 -0.48 41.11 0.77
Bottoms Long -0.24 39.82 0.59
Tops Intermediate -0.06 55.10 0.09
Bottoms Intermediate 0 46.68 0.00
Tops Short -0.06 52.09 0.06
Bottoms Short 0.12 49.01 0.16
alerts