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 -0.18 120.36 0.62
Bottoms Long -0.06 116.57 0.36
Tops Intermediate 0.06 128.31 0.13
Bottoms Intermediate 0.06 120.53 0.04
Tops Short 0.24 130.05 0.47
Bottoms Short 0.42 126.32 0.75
alerts