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 -0.48 174.08 0.73
Bottoms Long -0.18 174.57 0.11
Tops Intermediate 0.24 194.90 0.57
Bottoms Intermediate 0.3 190.02 0.69
Tops Short 0.12 190.76 0.25
Bottoms Short -0.36 178.72 0.29
alerts