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 55.82 0.91
Bottoms Long -0.12 51.48 0.55
Tops Intermediate -0.18 53.12 0.76
Bottoms Intermediate -0.18 48.89 0.62
Tops Short 0 55.74 0.01
Bottoms Short 0.12 54.52 0.12
alerts