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 87.09 0.22
Bottoms Long -0.18 68.75 0.32
Tops Intermediate -0.36 74.78 0.74
Bottoms Intermediate -0.3 70.66 0.34
Tops Short -0.18 76.35 0.08
Bottoms Short 0.06 76.19 0.01
alerts