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 2.78 0.79
Bottoms Long -0.06 3.05 0.70
Tops Intermediate -0.06 3.89 0.21
Bottoms Intermediate 0 3.94 0.65
Tops Short -0.06 3.84 0.93
Bottoms Short -0.06 3.51 0.77
alerts