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 0.36 39.92 0.93
Bottoms Long 0.18 25.41 0.76
Tops Intermediate -0.06 19.26 0.27
Bottoms Intermediate -0.06 17.78 0.57
Tops Short -0.18 17.66 0.82
Bottoms Short -0.18 17.31 0.74
alerts