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 69.20 0.77
Bottoms Long -0.18 57.92 0.49
Tops Intermediate -0.12 65.00 0.11
Bottoms Intermediate -0.06 63.54 0.04
Tops Short -0.78 54.09 0.72
Bottoms Short -0.84 52.42 0.65
alerts