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 -0.24 55.00 0.39
Bottoms Long -0.48 24.12 0.85
Tops Intermediate -0.72 38.32 0.72
Bottoms Intermediate 0 40.70 0.00
Tops Short 0.12 48.49 0.10
Bottoms Short 0.36 46.83 0.32
alerts