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 0.12 58.36 0.80
Bottoms Long 0 45.06 0.02
Tops Intermediate -0.18 46.35 0.60
Bottoms Intermediate -0.12 41.57 0.88
Tops Short -0.24 44.21 0.71
Bottoms Short -0.18 42.91 0.48
alerts