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 23.43 0.79
Bottoms Long -0.12 18.31 0.98
Tops Intermediate 0.06 26.25 0.89
Bottoms Intermediate 0 23.00 0.02
Tops Short 0.06 25.43 0.12
Bottoms Short 0.06 23.83 0.11
alerts