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 0.12 246.77 0.38
Bottoms Long 0.06 242.14 0.45
Tops Intermediate -0.06 239.80 0.45
Bottoms Intermediate -0.06 237.06 0.37
Tops Short 0.12 242.14 0.54
Bottoms Short 0.12 240.22 0.75
alerts