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 0.48 103.33 0.72
Bottoms Long 0.54 101.85 0.72
Tops Intermediate -0.06 86.70 0.36
Bottoms Intermediate 0.06 87.80 0.21
Tops Short 0 87.20 0.05
Bottoms Short 0 85.62 0.31
alerts