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 29.59 0.53
Bottoms Long -0.06 25.38 0.58
Tops Intermediate -0.12 27.23 0.72
Bottoms Intermediate -0.12 23.93 0.86
Tops Short -0.24 24.84 0.82
Bottoms Short -0.06 25.42 0.04
alerts