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 -0.18 126.12 0.47
Bottoms Long -0.36 101.70 0.76
Tops Intermediate -0.36 114.94 0.47
Bottoms Intermediate -0.06 112.50 0.09
Tops Short 0.24 124.69 0.26
Bottoms Short 0.42 122.53 0.32
alerts