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 91.99 0.90
Bottoms Long -0.24 73.36 0.80
Tops Intermediate -0.06 88.44 0.08
Bottoms Intermediate -0.24 74.70 0.35
Tops Short -0.42 78.05 0.50
Bottoms Short -0.54 70.98 0.63
alerts