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 75.44 0.25
Bottoms Long 0 71.24 0.09
Tops Intermediate -0.06 72.51 0.49
Bottoms Intermediate 0 71.02 0.01
Tops Short 0.12 75.86 0.43
Bottoms Short 0.24 75.53 0.54
alerts