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 -1.02 168.49 0.07
Bottoms Long -0.42 9.67 0.48
Tops Intermediate -3.78 58.66 0.28
Bottoms Intermediate -0.18 24.79 0.03
Tops Short 3.54 122.23 0.81
Bottoms Short 2.22 71.64 0.57
alerts