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 -0.12 141.35 0.25
Bottoms Long -0.18 125.21 0.66
Tops Intermediate 0 142.25 0.01
Bottoms Intermediate -0.24 127.67 0.18
Tops Short -0.24 135.21 0.07
Bottoms Short 0.66 141.67 0.74
alerts