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 -0.24 105.48 0.13
Bottoms Long 0.18 102.05 0.13
Tops Intermediate 1.26 151.42 0.87
Bottoms Intermediate 0.96 123.56 0.67
Tops Short -0.48 109.60 0.77
Bottoms Short -0.6 100.00 0.75
alerts