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 58.36 0.73
Bottoms Long 0.48 49.86 0.62
Tops Intermediate -0.12 43.77 0.61
Bottoms Intermediate -0.06 40.26 0.18
Tops Short -0.12 42.06 0.48
Bottoms Short -0.24 38.06 0.65
alerts