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 -0.3 49.85 0.68
Bottoms Long -0.18 47.51 0.38
Tops Intermediate 0.12 61.19 0.59
Bottoms Intermediate 0 54.78 0.02
Tops Short -0.12 56.26 0.18
Bottoms Short 0.06 56.04 0.07
alerts