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 70.93 0.30
Bottoms Long 0 67.55 0.01
Tops Intermediate 0.06 74.44 0.23
Bottoms Intermediate 0 70.29 0.00
Tops Short -0.18 70.61 0.27
Bottoms Short -0.12 69.40 0.15
alerts