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 37.86 0.64
Bottoms Long -0.06 34.29 0.14
Tops Intermediate 0.12 43.05 0.75
Bottoms Intermediate 0.12 40.21 0.89
Tops Short 0.06 40.90 0.37
Bottoms Short 0.06 40.05 0.55
alerts