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 0.36 496.89 0.50
Bottoms Long 0.18 451.81 0.05
Tops Intermediate -0.24 477.37 0.14
Bottoms Intermediate -0.78 433.43 0.37
Tops Short -0.24 471.27 0.06
Bottoms Short 1.38 472.21 0.46
alerts