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 -0.06 60.01 0.74
Bottoms Long -0.12 53.59 0.75
Tops Intermediate 0 60.67 0.00
Bottoms Intermediate 0.12 59.51 0.22
Tops Short -0.12 59.12 0.61
Bottoms Short 0 58.39 0.02
alerts