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 -0.12 168.30 0.14
Bottoms Long -0.12 156.63 0.15
Tops Intermediate -0.36 164.55 0.71
Bottoms Intermediate 0 163.03 0.00
Tops Short -0.18 165.90 0.19
Bottoms Short 0.24 164.85 0.40
alerts