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 0.9 92.73 0.87
Bottoms Long 0.9 95.05 0.77
Tops Intermediate 0 83.23 0.06
Bottoms Intermediate -0.12 76.18 0.64
Tops Short 0.12 81.95 0.14
Bottoms Short 0.06 80.26 0.08
alerts