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 0.54 58.14 0.77
Bottoms Long 0.42 44.61 0.79
Tops Intermediate -0.18 34.61 0.41
Bottoms Intermediate -0.12 32.10 0.82
Tops Short -0.06 35.67 0.03
Bottoms Short -0.06 35.22 0.02
alerts