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 -0.06 170.13 0.50
Bottoms Long -0.06 159.70 0.14
Tops Intermediate 0 173.30 0.03
Bottoms Intermediate -0.06 159.86 0.01
Tops Short 0.66 177.77 1.00
Bottoms Short 0.18 166.18 0.28
alerts