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 54.86 0.56
Bottoms Long -0.06 49.69 0.49
Tops Intermediate 0.06 59.23 0.13
Bottoms Intermediate 0.06 54.99 0.28
Tops Short 0.18 60.12 0.25
Bottoms Short 0.18 56.44 0.51
alerts