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 71.30 0.37
Bottoms Long -0.06 62.12 0.41
Tops Intermediate -0.06 70.70 0.24
Bottoms Intermediate -0.24 59.91 0.43
Tops Short 0 69.89 0.00
Bottoms Short 0.42 71.67 0.83
alerts