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 53.59 0.65
Bottoms Long 0.06 49.33 0.14
Tops Intermediate -0.12 49.20 0.79
Bottoms Intermediate -0.12 44.80 0.21
Tops Short -0.06 49.08 0.02
Bottoms Short 0.3 51.56 0.71
alerts