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 -0.18 118.90 0.13
Bottoms Long -0.36 86.38 0.77
Tops Intermediate 0.06 120.24 0.09
Bottoms Intermediate -0.72 75.78 0.75
Tops Short 0.42 114.42 0.16
Bottoms Short 1.44 117.71 0.98
alerts