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 80.97 0.08
Bottoms Long -0.06 69.07 0.43
Tops Intermediate -0.24 76.42 0.55
Bottoms Intermediate -0.12 67.69 0.22
Tops Short 0.06 80.21 0.09
Bottoms Short 0.18 74.32 0.09
alerts