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 -0.12 47.06 0.71
Bottoms Long -0.18 36.51 0.64
Tops Intermediate -0.18 45.00 0.61
Bottoms Intermediate 0 40.82 0.01
Tops Short 0.12 47.59 0.07
Bottoms Short 0.42 45.12 0.76
alerts