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 51.68 0.21
Bottoms Long -0.12 40.99 0.66
Tops Intermediate -0.3 46.21 0.71
Bottoms Intermediate -0.3 38.43 0.55
Tops Short -0.3 42.95 0.49
Bottoms Short -0.12 40.59 0.10
alerts