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 79.40 0.50
Bottoms Long -0.06 66.07 0.87
Tops Intermediate -0.06 77.39 0.69
Bottoms Intermediate 0.12 73.51 0.12
Tops Short 0.18 82.02 0.33
Bottoms Short 0.42 82.49 0.45
alerts