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 0.06 176.69 0.43
Bottoms Long 0.12 173.35 0.82
Tops Intermediate 0 175.95 0.03
Bottoms Intermediate 0.06 172.19 0.12
Tops Short -0.12 172.66 0.37
Bottoms Short -0.18 169.76 0.46
alerts