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 -0.12 73.38 0.69
Bottoms Long 0 69.91 0.01
Tops Intermediate -0.12 72.37 0.78
Bottoms Intermediate -0.12 67.51 0.23
Tops Short 0.3 80.32 0.54
Bottoms Short 0.36 79.40 0.55
alerts