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 94.27 0.68
Bottoms Long -0.24 78.66 0.80
Tops Intermediate -0.12 95.83 0.23
Bottoms Intermediate -0.06 84.75 0.05
Tops Short -0.42 86.37 0.29
Bottoms Short -0.3 84.50 0.16
alerts