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 45.88 0.58
Bottoms Long -0.12 36.20 0.77
Tops Intermediate -0.06 42.75 0.17
Bottoms Intermediate 0.06 42.17 0.84
Tops Short 0.12 45.93 0.31
Bottoms Short 0.12 44.35 0.32
alerts