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 0.96 91.47 0.62
Bottoms Long 0.72 69.93 0.56
Tops Intermediate -0.06 89.82 0.02
Bottoms Intermediate 0 83.07 0.00
Tops Short 1.32 112.84 0.59
Bottoms Short 0.48 93.86 0.14
alerts