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 55.24 0.38
Bottoms Long -0.06 46.78 0.22
Tops Intermediate -0.06 55.99 0.12
Bottoms Intermediate -0.3 42.04 0.47
Tops Short -0.42 48.11 0.66
Bottoms Short -0.6 42.12 0.43
alerts