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 0.54 635.13 0.26
Bottoms Long 0.12 546.62 0.01
Tops Intermediate -0.3 620.03 0.03
Bottoms Intermediate -1.26 545.09 0.15
Tops Short -2.52 553.46 0.51
Bottoms Short -3.18 503.60 0.58
alerts