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 -0.06 392.15 0.07
Bottoms Long -0.24 350.59 0.13
Tops Intermediate -0.54 370.07 0.39
Bottoms Intermediate -0.48 341.38 0.18
Tops Short -0.42 368.65 0.10
Bottoms Short 0.24 376.46 0.03
alerts