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 -0.3 323.01 0.61
Bottoms Long -0.42 296.79 0.60
Tops Intermediate -0.48 309.54 0.42
Bottoms Intermediate -0.48 293.23 0.21
Tops Short 0.54 325.96 0.21
Bottoms Short 0.9 314.83 0.30
alerts