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 -0.06 48.59 0.16
Bottoms Long -0.06 41.93 0.45
Tops Intermediate -0.18 42.62 0.94
Bottoms Intermediate -0.24 38.99 0.73
Tops Short 0 45.06 0.01
Bottoms Short 0 43.29 0.01
alerts