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 0.3 494.18 0.35
Bottoms Long 0.3 441.55 0.27
Tops Intermediate -0.06 481.80 0.02
Bottoms Intermediate 0.84 471.58 0.51
Tops Short 1.08 493.57 0.49
Bottoms Short 2.58 500.04 0.68
alerts