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 -0.3 92.59 0.94
Bottoms Long -0.3 84.63 0.75
Tops Intermediate -0.18 95.47 0.26
Bottoms Intermediate 0 93.31 0.02
Tops Short 0.18 101.72 0.38
Bottoms Short 0.36 100.35 0.96
alerts