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 0.66 62.84 0.47
Bottoms Long 0.48 47.88 0.60
Tops Intermediate -0.3 63.58 0.73
Bottoms Intermediate 0.06 63.98 0.02
Tops Short 0.12 68.77 0.03
Bottoms Short 0.18 68.02 0.14
alerts