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 77.33 0.40
Bottoms Long 0.06 70.76 0.41
Tops Intermediate -0.12 72.58 0.57
Bottoms Intermediate 0 69.22 0.00
Tops Short -0.12 71.17 0.42
Bottoms Short -0.06 68.91 0.05
alerts