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 0.12 49.39 0.97
Bottoms Long 0.06 41.91 0.17
Tops Intermediate 0 44.24 0.00
Bottoms Intermediate -0.06 39.85 0.18
Tops Short -0.3 39.13 0.82
Bottoms Short -0.3 36.39 0.69
alerts