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 -0.48 161.92 0.89
Bottoms Long -0.54 137.39 0.74
Tops Intermediate -0.78 147.15 0.75
Bottoms Intermediate -0.54 136.48 0.46
Tops Short 0.12 160.71 0.04
Bottoms Short 0.66 156.78 0.31
alerts