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 33.72 0.73
Bottoms Long -0.18 24.68 0.90
Tops Intermediate -0.12 33.29 0.65
Bottoms Intermediate -0.06 28.26 0.18
Tops Short -0.24 29.63 0.48
Bottoms Short -0.18 27.54 0.27
alerts