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 54.60 0.56
Bottoms Long -0.06 49.53 0.49
Tops Intermediate 0.06 59.45 0.36
Bottoms Intermediate 0.06 55.13 0.28
Tops Short 0.18 60.46 0.25
Bottoms Short 0.12 55.71 0.35
alerts