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 97.08 0.13
Bottoms Long -0.12 83.95 0.25
Tops Intermediate -0.12 94.32 0.29
Bottoms Intermediate -0.18 82.65 0.39
Tops Short -0.3 88.85 0.49
Bottoms Short 0.3 88.81 0.69
alerts