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 0.06 56.43 0.54
Bottoms Long 0.12 50.26 0.51
Tops Intermediate 0 52.06 0.02
Bottoms Intermediate 0.06 49.16 0.15
Tops Short 0.24 56.46 0.72
Bottoms Short 0.18 52.83 0.65
alerts