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 -0.3 106.53 0.91
Bottoms Long -0.12 99.42 0.19
Tops Intermediate 0 109.25 0.01
Bottoms Intermediate -0.12 99.79 0.98
Tops Short -0.18 104.61 0.31
Bottoms Short -0.18 101.85 0.13
alerts