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 -0.36 171.03 0.25
Bottoms Long -0.96 105.82 0.71
Tops Intermediate -0.96 130.77 0.55
Bottoms Intermediate -1.08 104.58 0.61
Tops Short -0.18 137.38 0.01
Bottoms Short 1.68 148.61 0.88
alerts