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 44.32 0.76
Bottoms Long -0.12 38.31 0.80
Tops Intermediate -0.12 44.38 0.55
Bottoms Intermediate 0.12 43.93 0.55
Tops Short 0.18 47.75 0.61
Bottoms Short 0.3 46.52 0.97
alerts