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 -0.18 198.78 0.60
Bottoms Long -0.3 175.58 0.50
Tops Intermediate 0.06 203.47 0.18
Bottoms Intermediate 0.24 199.05 0.59
Tops Short -0.18 198.90 0.34
Bottoms Short 0.12 197.32 0.11
alerts