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 -0.66 408.60 0.19
Bottoms Long -1.8 281.80 0.75
Tops Intermediate -2.7 309.18 0.54
Bottoms Intermediate -2.52 252.39 0.79
Tops Short -0.6 333.05 0.06
Bottoms Short 0.36 329.03 0.02
alerts