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 68.93 0.49
Bottoms Long -0.18 55.22 0.54
Tops Intermediate 0.18 77.70 0.32
Bottoms Intermediate 0.18 69.82 0.56
Tops Short -0.18 70.99 0.15
Bottoms Short -0.24 65.56 0.45
alerts