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 79.95 0.05
Bottoms Long -0.18 56.20 0.44
Tops Intermediate -0.6 59.82 0.80
Bottoms Intermediate -0.18 55.19 0.25
Tops Short -0.12 66.13 0.07
Bottoms Short 0 59.80 0.00
alerts