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 73.36 0.09
Bottoms Long 0.06 72.93 0.43
Tops Intermediate 0 76.37 0.05
Bottoms Intermediate 0.06 73.05 0.04
Tops Short 0.06 76.82 0.75
Bottoms Short 0.18 75.89 0.32
alerts