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 -0.18 82.84 0.93
Bottoms Long -0.24 71.66 0.74
Tops Intermediate -0.3 76.11 0.78
Bottoms Intermediate -0.42 65.39 0.79
Tops Short -0.18 76.43 0.19
Bottoms Short 0.42 81.54 0.95
alerts