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 91.39 0.91
Bottoms Long 0.18 86.68 0.79
Tops Intermediate 0 88.54 0.17
Bottoms Intermediate 0.06 84.72 0.07
Tops Short 0.06 88.42 0.13
Bottoms Short -0.06 83.17 0.05
alerts