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 64.75 0.70
Bottoms Long -0.06 61.55 0.22
Tops Intermediate 0.06 72.13 0.54
Bottoms Intermediate 0.18 69.62 0.72
Tops Short 0.18 72.66 0.64
Bottoms Short 0.18 70.79 0.54
alerts