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 61.68 0.81
Bottoms Long -0.06 59.24 0.61
Tops Intermediate 0 63.93 0.11
Bottoms Intermediate 0.06 61.70 0.28
Tops Short -0.12 62.43 0.59
Bottoms Short -0.06 60.54 0.61
alerts