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 -0.12 155.24 0.17
Bottoms Long -0.18 130.91 0.93
Tops Intermediate 0 154.52 0.01
Bottoms Intermediate -0.06 139.90 0.05
Tops Short -0.48 140.72 0.78
Bottoms Short -0.18 139.35 0.13
alerts