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 -0.24 368.01 0.13
Bottoms Long -0.48 315.29 0.61
Tops Intermediate -0.72 344.98 0.34
Bottoms Intermediate -0.96 304.10 0.91
Tops Short -0.54 354.01 0.04
Bottoms Short 0.54 348.77 0.02
alerts