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 40.36 0.14
Bottoms Long 0.06 40.53 0.35
Tops Intermediate 0.18 48.19 0.80
Bottoms Intermediate 0.24 45.21 0.99
Tops Short 0.24 48.02 0.61
Bottoms Short 0.36 47.37 0.84
alerts