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 0.84 176.31 0.82
Bottoms Long 0.36 121.67 0.45
Tops Intermediate -0.54 117.17 0.62
Bottoms Intermediate -0.3 113.13 0.19
Tops Short 0.12 121.23 0.01
Bottoms Short 1.26 129.21 0.95
alerts