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 -1.02 542.25 0.57
Bottoms Long -0.54 507.87 0.33
Tops Intermediate 0.12 577.30 0.02
Bottoms Intermediate 1.02 572.19 0.29
Tops Short -1.56 547.49 0.54
Bottoms Short -2.04 524.21 0.77
alerts