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 89.10 0.18
Bottoms Long -0.12 81.31 0.25
Tops Intermediate 0.3 99.26 0.72
Bottoms Intermediate 0.24 92.17 0.81
Tops Short 0.72 105.04 0.76
Bottoms Short 0.54 98.23 0.98
alerts