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 -0.24 507.53 0.23
Bottoms Long -0.48 442.11 0.16
Tops Intermediate 0.84 524.42 0.39
Bottoms Intermediate 2.94 549.12 0.98
Tops Short 1.62 542.71 0.90
Bottoms Short 1.86 539.30 0.70
alerts