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 -2.28 557.65 0.79
Bottoms Long -1.68 503.51 0.37
Tops Intermediate 0.66 611.57 0.08
Bottoms Intermediate 0.12 562.89 0.00
Tops Short -3.12 541.50 0.92
Bottoms Short -2.52 528.15 0.79
alerts