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 0.18 169.64 0.49
Bottoms Long 0.06 155.14 0.11
Tops Intermediate -0.06 156.50 0.13
Bottoms Intermediate -0.06 150.49 0.05
Tops Short -0.48 150.63 0.83
Bottoms Short -0.48 146.93 0.77
alerts