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 0.12 105.82 0.73
Bottoms Long 0.06 97.32 0.20
Tops Intermediate 0 102.29 0.01
Bottoms Intermediate -0.06 95.71 0.09
Tops Short -0.06 100.83 0.05
Bottoms Short 0.36 100.91 0.53
alerts