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 0.18 106.44 0.78
Bottoms Long 0.12 94.31 0.69
Tops Intermediate 0 102.51 0.00
Bottoms Intermediate -0.06 90.55 0.53
Tops Short -0.18 95.34 0.20
Bottoms Short -0.12 91.87 0.14
alerts