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 74.95 0.37
Bottoms Long -0.06 68.45 0.08
Tops Intermediate 0.3 85.35 0.91
Bottoms Intermediate 0 72.20 0.00
Tops Short -0.06 74.65 0.02
Bottoms Short 0.18 77.61 0.43
alerts