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 -0.12 286.27 0.18
Bottoms Long 0 274.15 0.00
Tops Intermediate 0.12 290.02 0.12
Bottoms Intermediate 0.24 283.07 0.51
Tops Short 0.06 288.00 0.07
Bottoms Short 0.54 287.69 0.71
alerts