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 80.88 0.87
Bottoms Long 0 67.97 0.02
Tops Intermediate -0.12 71.26 0.38
Bottoms Intermediate -0.36 58.81 0.62
Tops Short -0.06 71.00 0.03
Bottoms Short -0.06 66.85 0.02
alerts