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 81.26 0.78
Bottoms Long -0.06 75.15 0.15
Tops Intermediate 0.18 86.64 0.65
Bottoms Intermediate 0.24 84.59 0.86
Tops Short 0.18 85.29 0.53
Bottoms Short 0.24 84.80 0.77
alerts