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 0.48 202.39 0.99
Bottoms Long 0.3 175.75 0.37
Tops Intermediate -0.18 174.55 0.07
Bottoms Intermediate -0.36 156.48 0.25
Tops Short -1.2 159.01 0.81
Bottoms Short -1.2 147.29 0.67
alerts