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 -0.06 106.89 0.19
Bottoms Long -0.06 98.74 0.40
Tops Intermediate -0.24 100.52 0.28
Bottoms Intermediate 0.06 100.44 0.02
Tops Short 0.24 107.87 0.63
Bottoms Short 0.48 107.57 0.78
alerts