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 15.94 0.86
Bottoms Long -0.06 14.40 0.67
Tops Intermediate -0.06 16.49 0.81
Bottoms Intermediate 0 15.59 0.01
Tops Short 0 16.38 0.25
Bottoms Short -0.06 15.43 0.41
alerts