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 -0.24 119.74 0.74
Bottoms Long -0.12 106.81 0.32
Tops Intermediate -0.18 120.87 0.36
Bottoms Intermediate 0.24 119.21 0.14
Tops Short -0.36 115.75 0.50
Bottoms Short -0.42 110.45 0.42
alerts