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 46.66 0.03
Bottoms Long -0.12 32.67 0.61
Tops Intermediate 0.36 56.09 0.76
Bottoms Intermediate 0.3 48.98 0.77
Tops Short 0.48 57.22 0.69
Bottoms Short 0.72 55.61 0.89
alerts