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 -0.18 108.31 0.55
Bottoms Long -0.18 102.65 0.56
Tops Intermediate 0 111.49 0.01
Bottoms Intermediate 0 106.47 0.00
Tops Short 0.3 114.60 0.80
Bottoms Short 0.42 114.23 0.81
alerts