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 75.05 0.37
Bottoms Long -0.06 68.55 0.08
Tops Intermediate 0.3 84.73 0.91
Bottoms Intermediate 0.24 77.76 0.73
Tops Short -0.06 74.09 0.13
Bottoms Short 0.06 74.24 0.06
alerts