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 -0.06 119.16 0.47
Bottoms Long -0.24 101.64 0.72
Tops Intermediate -0.12 116.71 0.23
Bottoms Intermediate -0.24 102.18 0.34
Tops Short 0.24 119.24 0.25
Bottoms Short 0.54 120.38 0.54
alerts