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 59.12 0.04
Bottoms Long -0.12 45.03 0.26
Tops Intermediate -0.3 47.54 0.68
Bottoms Intermediate -0.18 42.14 0.42
Tops Short -0.12 48.82 0.17
Bottoms Short 0.36 50.67 0.79
alerts