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 -0.06 103.40 0.12
Bottoms Long -0.12 86.14 0.27
Tops Intermediate -0.24 95.25 0.68
Bottoms Intermediate -0.18 85.10 0.20
Tops Short -0.18 94.15 0.11
Bottoms Short 0.24 94.36 0.17
alerts