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 62.01 0.96
Bottoms Long -0.12 57.55 0.55
Tops Intermediate -0.18 60.20 0.73
Bottoms Intermediate -0.18 54.69 0.47
Tops Short 0.12 63.76 0.25
Bottoms Short 0.36 64.48 0.90
alerts