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 -0.06 113.88 0.07
Bottoms Long -0.18 90.82 0.25
Tops Intermediate -0.18 105.21 0.07
Bottoms Intermediate -0.42 81.23 0.37
Tops Short 0.72 114.15 0.47
Bottoms Short 0.6 103.47 0.52
alerts