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 54.05 0.01
Bottoms Long 0.06 51.97 0.62
Tops Intermediate 0.3 66.89 0.86
Bottoms Intermediate 0.24 58.83 0.64
Tops Short 0.42 66.41 0.64
Bottoms Short 0.48 63.24 0.73
alerts