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 -0.24 147.26 0.66
Bottoms Long -0.18 136.92 0.18
Tops Intermediate 0.24 160.52 0.72
Bottoms Intermediate 0.42 153.07 0.98
Tops Short 0.36 160.37 0.33
Bottoms Short 0.24 153.27 0.28
alerts