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 0.06 105.43 0.06
Bottoms Long -0.06 88.49 0.16
Tops Intermediate -0.12 102.20 0.27
Bottoms Intermediate -0.12 86.65 0.05
Tops Short 0.36 108.50 0.87
Bottoms Short 0.48 102.28 0.43
alerts