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 67.91 0.54
Bottoms Long 0 62.76 0.05
Tops Intermediate -0.06 61.22 0.52
Bottoms Intermediate -0.12 58.32 0.72
Tops Short -0.24 59.31 0.77
Bottoms Short -0.18 57.82 0.77
alerts