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 95.11 0.90
Bottoms Long -0.42 87.33 0.74
Tops Intermediate -0.72 87.69 0.93
Bottoms Intermediate -0.36 87.14 0.56
Tops Short -0.3 94.45 0.49
Bottoms Short -0.12 91.32 0.07
alerts