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 0.18 179.63 0.76
Bottoms Long 0.06 158.14 0.06
Tops Intermediate -0.12 165.26 0.09
Bottoms Intermediate -0.36 148.20 0.65
Tops Short -1.32 135.85 0.78
Bottoms Short 1.2 174.95 0.92
alerts