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 -0.54 37.46 0.78
Bottoms Long -0.42 38.45 0.76
Tops Intermediate 0.12 61.31 0.25
Bottoms Intermediate 0.12 55.36 0.36
Tops Short 0.12 62.22 0.37
Bottoms Short 0.18 58.50 0.14
alerts