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 0.42 385.32 0.22
Bottoms Long -0.06 303.84 0.05
Tops Intermediate -1.14 338.31 0.58
Bottoms Intermediate 0.72 332.87 0.26
Tops Short 0.72 362.91 0.54
Bottoms Short 2.04 358.44 0.65
alerts