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 0.24 161.43 0.64
Bottoms Long 0.18 149.03 0.36
Tops Intermediate -0.36 146.68 0.61
Bottoms Intermediate -0.24 141.17 0.24
Tops Short -0.42 144.71 0.40
Bottoms Short -0.18 142.72 0.08
alerts