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 57.94 0.61
Bottoms Long -0.06 47.80 0.24
Tops Intermediate 0.24 63.42 0.72
Bottoms Intermediate 0.12 53.50 0.78
Tops Short 0.24 58.76 0.60
Bottoms Short 0.3 56.62 0.88
alerts