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 0.18 140.25 0.49
Bottoms Long 0.18 130.36 0.61
Tops Intermediate -0.24 127.75 0.83
Bottoms Intermediate 0.06 127.44 0.13
Tops Short 0.12 132.67 0.20
Bottoms Short 0.12 130.30 0.12
alerts