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 0.06 222.03 0.02
Bottoms Long -0.12 186.19 0.20
Tops Intermediate 0.42 224.90 0.77
Bottoms Intermediate 0.12 193.39 0.08
Tops Short 1.02 222.59 0.25
Bottoms Short 1.02 214.55 0.29
alerts