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 -0.24 89.06 0.75
Bottoms Long -0.36 67.71 0.63
Tops Intermediate -0.6 75.20 0.86
Bottoms Intermediate -0.72 59.13 0.73
Tops Short -0.06 79.95 0.01
Bottoms Short 0.6 78.62 0.84
alerts