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 78.53 0.45
Bottoms Long -0.12 72.92 0.15
Tops Intermediate 0.24 88.82 0.66
Bottoms Intermediate 0.3 84.86 0.87
Tops Short 0 83.84 0.03
Bottoms Short -0.06 80.06 0.21
alerts