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 76.97 0.93
Bottoms Long -0.06 69.86 0.46
Tops Intermediate -0.12 76.70 0.88
Bottoms Intermediate -0.12 70.46 0.21
Tops Short -0.12 76.75 0.73
Bottoms Short 0.12 75.44 0.10
alerts