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 66.83 0.86
Bottoms Long -0.12 59.81 0.60
Tops Intermediate -0.18 64.10 0.58
Bottoms Intermediate -0.36 53.08 0.88
Tops Short -0.06 67.35 0.02
Bottoms Short 0.18 66.08 0.16
alerts