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 -0.06 152.09 0.43
Bottoms Long -0.24 122.51 0.57
Tops Intermediate -0.24 141.60 0.31
Bottoms Intermediate -0.18 130.11 0.05
Tops Short -0.06 138.35 0.00
Bottoms Short 1.5 152.12 0.98
alerts