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 66.73 0.32
Bottoms Long 0.06 68.93 0.51
Tops Intermediate 0.12 76.38 0.27
Bottoms Intermediate 0.06 68.77 0.24
Tops Short -0.18 69.07 0.76
Bottoms Short -0.12 68.47 0.32
alerts