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 64.38 0.89
Bottoms Long -0.24 51.52 0.79
Tops Intermediate -0.3 57.30 0.76
Bottoms Intermediate -0.3 51.31 0.70
Tops Short -0.3 56.83 0.30
Bottoms Short 0.36 61.93 0.92
alerts