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 77.71 0.70
Bottoms Long 0.18 65.88 0.60
Tops Intermediate 0 69.00 0.01
Bottoms Intermediate 0.18 65.95 0.40
Tops Short -0.12 67.43 0.17
Bottoms Short 0.06 65.93 0.04
alerts