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 -0.06 153.23 0.08
Bottoms Long -0.12 121.37 0.09
Tops Intermediate -0.36 140.48 0.76
Bottoms Intermediate -0.48 117.81 0.30
Tops Short 0.54 144.79 0.32
Bottoms Short 0.78 135.41 0.35
alerts