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 44.37 0.13
Bottoms Long -0.06 27.22 0.15
Tops Intermediate 0.48 57.17 0.94
Bottoms Intermediate 0.24 41.47 0.66
Tops Short 0 44.59 0.00
Bottoms Short -0.06 40.58 0.02
alerts