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 -0.36 156.08 0.53
Bottoms Long -0.18 149.76 0.27
Tops Intermediate 0.12 170.73 0.13
Bottoms Intermediate 0.24 161.93 0.71
Tops Short -0.3 159.60 0.44
Bottoms Short -0.12 157.00 0.22
alerts