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 -0.06 127.34 0.10
Bottoms Long -0.06 119.84 0.10
Tops Intermediate 0.06 128.56 0.13
Bottoms Intermediate 0.06 124.11 0.30
Tops Short 0.24 129.13 0.76
Bottoms Short 0.24 127.58 0.71
alerts