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 84.34 0.56
Bottoms Long -0.24 67.29 0.96
Tops Intermediate 0.06 87.68 0.40
Bottoms Intermediate 0 80.94 0.04
Tops Short 0.42 91.03 0.86
Bottoms Short 0.3 86.68 0.58
alerts