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 2.34 249.87 0.65
Bottoms Long 1.8 186.67 0.60
Tops Intermediate -0.18 168.83 0.33
Bottoms Intermediate -0.12 167.36 0.21
Tops Short 0.06 173.03 0.07
Bottoms Short 0.12 171.17 0.09
alerts