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 14.77 0.57
Bottoms Long 0.06 10.65 0.60
Tops Intermediate -0.06 9.35 0.31
Bottoms Intermediate -0.06 8.11 0.48
Tops Short 0.06 11.89 0.34
Bottoms Short -0.06 7.74 0.74
alerts