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 -0.3 109.00 0.88
Bottoms Long -0.18 101.15 0.42
Tops Intermediate -0.18 108.63 0.28
Bottoms Intermediate 0.24 109.64 0.53
Tops Short 0.3 113.65 0.43
Bottoms Short 0.3 111.74 0.34
alerts