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 37.48 0.20
Bottoms Long -0.12 32.32 0.46
Tops Intermediate -0.18 33.43 0.94
Bottoms Intermediate -0.24 28.59 0.74
Tops Short -0.06 33.90 0.22
Bottoms Short 0.12 35.35 0.43
alerts