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 -0.3 32.99 0.48
Bottoms Long -0.36 17.41 0.74
Tops Intermediate -0.48 26.55 0.68
Bottoms Intermediate -0.42 17.50 0.74
Tops Short -0.66 18.98 0.80
Bottoms Short -0.48 18.14 0.89
alerts