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 89.92 0.08
Bottoms Long -0.06 75.58 0.05
Tops Intermediate -0.54 70.12 0.59
Bottoms Intermediate -0.54 57.09 0.76
Tops Short -0.9 58.02 0.63
Bottoms Short -0.96 50.33 0.98
alerts