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 -0.06 50.58 0.29
Bottoms Long -0.12 41.55 0.47
Tops Intermediate -0.24 42.68 0.70
Bottoms Intermediate -0.3 37.26 0.71
Tops Short -0.06 43.42 0.09
Bottoms Short 0.12 43.83 0.07
alerts