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 -0.3 89.40 0.48
Bottoms Long -0.36 70.70 0.65
Tops Intermediate -0.6 75.35 0.53
Bottoms Intermediate -0.36 71.96 0.52
Tops Short -0.06 82.30 0.01
Bottoms Short 0.6 84.80 0.91
alerts