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 -0.18 71.60 0.78
Bottoms Long -0.18 64.26 0.91
Tops Intermediate -0.24 68.70 0.84
Bottoms Intermediate -0.18 66.17 0.65
Tops Short 0.06 72.13 0.05
Bottoms Short -0.06 68.84 0.05
alerts