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 -0.12 130.82 0.53
Bottoms Long -0.18 113.73 0.83
Tops Intermediate 0.12 136.93 0.23
Bottoms Intermediate -0.12 119.31 0.32
Tops Short 0.66 143.45 0.54
Bottoms Short 0.78 140.24 0.55
alerts