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 -0.18 39.38 0.90
Bottoms Long -0.24 26.06 0.79
Tops Intermediate 0.06 43.70 0.29
Bottoms Intermediate -0.12 34.10 0.09
Tops Short -0.12 38.88 0.09
Bottoms Short -0.06 36.33 0.03
alerts