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 0.12 185.07 0.41
Bottoms Long 0.06 168.85 0.19
Tops Intermediate -0.18 174.82 0.60
Bottoms Intermediate -0.24 159.58 0.35
Tops Short 0.24 183.08 0.22
Bottoms Short 0.3 173.51 0.10
alerts