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 -0.12 53.40 0.37
Bottoms Long -0.12 42.55 0.55
Tops Intermediate -0.24 48.25 0.69
Bottoms Intermediate -0.6 26.91 0.89
Tops Short -0.12 48.27 0.17
Bottoms Short 0.24 50.18 0.37
alerts