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 15.05 0.66
Bottoms Long -0.06 13.39 0.53
Tops Intermediate -0.06 14.26 0.34
Bottoms Intermediate -0.06 12.49 0.79
Tops Short -0.18 12.30 0.74
Bottoms Short -0.18 11.38 0.86
alerts