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 -0.48 395.22 0.60
Bottoms Long -0.54 362.46 0.62
Tops Intermediate -0.66 381.39 0.77
Bottoms Intermediate -1.08 348.15 0.83
Tops Short 0.06 391.32 0.02
Bottoms Short -1.26 350.83 0.43
alerts