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 -0.18 119.95 0.62
Bottoms Long -0.06 116.40 0.36
Tops Intermediate 0.06 128.92 0.29
Bottoms Intermediate -0.12 116.59 0.55
Tops Short 0.3 131.56 0.68
Bottoms Short 0.42 128.05 0.84
alerts