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 0.06 204.18 0.48
Bottoms Long -0.06 190.73 0.11
Tops Intermediate -0.12 194.55 0.24
Bottoms Intermediate -0.12 189.81 0.19
Tops Short 0.18 197.76 0.46
Bottoms Short 0.24 194.98 0.63
alerts