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 -0.18 266.89 0.17
Bottoms Long -0.12 248.19 0.19
Tops Intermediate 0.42 283.64 0.68
Bottoms Intermediate 0 259.91 0.00
Tops Short -0.18 272.96 0.37
Bottoms Short 0.66 273.53 0.37
alerts