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 -0.06 174.99 0.32
Bottoms Long 0.06 172.00 0.08
Tops Intermediate 0.12 179.61 0.63
Bottoms Intermediate 0.06 174.64 0.34
Tops Short 0.12 178.92 0.37
Bottoms Short -0.06 173.30 0.02
alerts