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 -0.06 905.13 0.78
Bottoms Long 1.5 857.56 0.07
Tops Intermediate -0.12 903.65 0.74
Bottoms Intermediate 4.14 909.61 0.06
Tops Short -0.06 903.63 0.30
Bottoms Short 0 903.14 0.02
alerts