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 -0.12 36.24 0.53
Bottoms Long -0.12 29.85 0.49
Tops Intermediate -0.3 30.98 0.99
Bottoms Intermediate -0.24 26.79 0.71
Tops Short -0.24 31.04 0.70
Bottoms Short -0.18 29.88 0.26
alerts