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 55.24 0.93
Bottoms Long -0.18 48.38 0.63
Tops Intermediate -0.18 53.28 0.60
Bottoms Intermediate -0.36 42.62 0.90
Tops Short -0.06 52.64 0.02
Bottoms Short 0.06 52.85 0.05
alerts