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 49.57 0.73
Bottoms Long -0.06 45.14 0.37
Tops Intermediate -0.06 47.62 0.71
Bottoms Intermediate -0.12 43.36 0.84
Tops Short -0.18 45.29 0.76
Bottoms Short -0.18 43.75 0.49
alerts