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 10.58 0.26
Bottoms Long 0.06 11.34 0.88
Tops Intermediate 0.12 15.53 0.63
Bottoms Intermediate 0.06 11.67 0.78
Tops Short -0.06 11.41 0.42
Bottoms Short 0 10.99 0.09
alerts