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 -0.12 105.03 0.62
Bottoms Long -0.24 88.57 0.85
Tops Intermediate 0 108.79 0.00
Bottoms Intermediate 0.06 103.31 0.01
Tops Short 0.6 118.15 0.67
Bottoms Short 0.78 114.74 0.57
alerts