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 0.12 187.14 0.33
Bottoms Long 0 165.34 0.00
Tops Intermediate 0.36 196.10 0.44
Bottoms Intermediate 0.18 178.48 0.06
Tops Short -0.66 179.03 0.64
Bottoms Short -0.66 173.02 0.29
alerts