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 54.05 0.29
Bottoms Long -0.06 48.18 0.27
Tops Intermediate -0.3 47.39 0.79
Bottoms Intermediate -0.3 41.81 1.00
Tops Short -0.12 47.65 0.40
Bottoms Short -0.12 45.69 0.87
alerts