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 -0.24 481.40 0.07
Bottoms Long -0.6 401.06 0.39
Tops Intermediate 0.18 494.21 0.06
Bottoms Intermediate 0.42 452.94 0.06
Tops Short -1.2 465.97 0.24
Bottoms Short -1.98 420.58 0.34
alerts