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 91.79 0.08
Bottoms Long 0 85.13 0.01
Tops Intermediate -0.18 84.90 0.76
Bottoms Intermediate -0.12 80.97 0.42
Tops Short -0.18 83.11 0.72
Bottoms Short -0.06 82.29 0.03
alerts