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 -0.12 114.09 0.25
Bottoms Long -0.24 93.81 0.76
Tops Intermediate 0.3 125.00 0.60
Bottoms Intermediate 0.36 118.28 0.61
Tops Short 0.6 127.76 0.65
Bottoms Short 0.78 125.40 0.67
alerts