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 0.42 42.06 0.31
Bottoms Long 0.42 37.90 0.29
Tops Intermediate -0.06 78.60 0.07
Bottoms Intermediate 0.12 80.32 0.63
Tops Short -0.18 76.05 0.58
Bottoms Short -0.36 70.19 0.76
alerts