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 -0.36 57.54 0.66
Bottoms Long -0.42 39.26 0.90
Tops Intermediate -0.24 57.91 0.43
Bottoms Intermediate -0.42 46.54 0.57
Tops Short -0.06 61.41 0.01
Bottoms Short 0.3 62.38 0.18
alerts