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 -0.3 497.37 0.33
Bottoms Long -0.42 438.70 0.30
Tops Intermediate 0.24 510.29 0.23
Bottoms Intermediate 0.96 496.84 0.90
Tops Short 0.84 516.75 0.64
Bottoms Short 1.5 507.97 0.86
alerts