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 30.65 0.68
Bottoms Long -0.06 28.27 0.68
Tops Intermediate 0.06 35.37 0.49
Bottoms Intermediate 0.06 32.85 0.87
Tops Short 0 34.30 0.07
Bottoms Short 0.06 32.63 0.40
alerts