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 38.08 0.87
Bottoms Long -0.24 25.42 0.73
Tops Intermediate -0.12 36.19 0.53
Bottoms Intermediate -0.18 30.68 0.39
Tops Short -0.24 34.85 0.42
Bottoms Short -0.3 31.65 0.56
alerts