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 31.31 0.42
Bottoms Long -0.12 27.34 0.76
Tops Intermediate 0.06 36.91 0.24
Bottoms Intermediate 0 33.70 0.07
Tops Short -0.24 31.81 0.54
Bottoms Short -0.18 30.75 0.76
alerts