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 -0.3 42.32 0.75
Bottoms Long -0.3 30.54 0.80
Tops Intermediate 0 49.74 0.02
Bottoms Intermediate 0.18 47.71 0.91
Tops Short 0.18 52.36 0.26
Bottoms Short 0.06 47.63 0.05
alerts