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 77.85 0.88
Bottoms Long -0.24 66.78 0.58
Tops Intermediate -0.18 75.11 0.61
Bottoms Intermediate -0.36 62.23 0.71
Tops Short 0.06 77.85 0.06
Bottoms Short 0.18 75.87 0.15
alerts