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 78.95 0.71
Bottoms Long -0.06 72.61 0.61
Tops Intermediate -0.06 79.39 0.23
Bottoms Intermediate -0.12 73.18 0.46
Tops Short -0.06 78.29 0.12
Bottoms Short -0.06 75.49 0.07
alerts