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 -0.18 81.90 0.83
Bottoms Long -0.24 71.56 0.75
Tops Intermediate -0.06 86.47 0.18
Bottoms Intermediate -0.18 72.44 0.39
Tops Short 0.24 89.20 0.41
Bottoms Short 0.42 88.37 0.57
alerts