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 0.18 156.16 0.38
Bottoms Long 0.06 134.39 0.03
Tops Intermediate -0.3 138.97 0.58
Bottoms Intermediate -0.6 117.38 0.68
Tops Short -0.3 136.60 0.40
Bottoms Short 0.12 135.08 0.02
alerts