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 0.18 63.22 0.58
Bottoms Long 0.06 53.37 0.32
Tops Intermediate -0.12 53.34 0.33
Bottoms Intermediate -0.18 48.02 0.39
Tops Short 0 54.03 0.02
Bottoms Short 0.06 52.12 0.03
alerts