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 -0.06 130.85 0.22
Bottoms Long 0.18 125.45 0.32
Tops Intermediate 0.24 137.36 0.51
Bottoms Intermediate 0.24 129.21 0.86
Tops Short -0.12 130.40 0.32
Bottoms Short -0.12 125.91 0.18
alerts