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 69.90 0.44
Bottoms Long -0.12 41.95 0.26
Tops Intermediate -0.42 46.28 0.76
Bottoms Intermediate -0.54 36.22 0.60
Tops Short -0.24 45.33 0.11
Bottoms Short 0.54 48.98 0.87
alerts