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 0.12 124.13 0.65
Bottoms Long 0.12 117.10 0.84
Tops Intermediate -0.06 118.46 0.17
Bottoms Intermediate -0.06 114.99 0.02
Tops Short -0.36 114.23 0.62
Bottoms Short -0.3 111.45 0.78
alerts