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 -1.44 915.95 0.75
Bottoms Long -2.34 782.06 0.85
Tops Intermediate -1.62 904.99 0.67
Bottoms Intermediate -1.02 868.07 0.10
Tops Short -0.9 913.55 0.13
Bottoms Short 2.46 907.50 0.16
alerts