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 0.06 126.54 0.47
Bottoms Long 0.06 116.92 0.20
Tops Intermediate -0.18 117.18 0.49
Bottoms Intermediate 0 116.05 0.03
Tops Short 0.12 121.66 0.35
Bottoms Short 0.24 120.48 0.63
alerts