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 0.12 490.22 0.03
Bottoms Long 0.12 445.71 0.01
Tops Intermediate -0.66 465.57 0.58
Bottoms Intermediate -0.6 434.07 0.14
Tops Short 0.18 474.89 0.02
Bottoms Short 1.08 464.12 0.19
alerts