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 0.72 120.50 0.39
Bottoms Long 0.9 117.11 0.60
Tops Intermediate -0.06 81.90 0.07
Bottoms Intermediate 0 78.63 0.01
Tops Short -0.12 80.56 0.20
Bottoms Short 0 80.04 0.00
alerts