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 -0.24 43.17 0.82
Bottoms Long -0.18 37.61 0.76
Tops Intermediate -0.06 48.68 0.63
Bottoms Intermediate -0.06 42.65 0.13
Tops Short 0 48.63 0.00
Bottoms Short 0.06 45.30 0.01
alerts