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 -0.12 435.20 0.04
Bottoms Long -0.42 380.86 0.21
Tops Intermediate -0.72 417.88 0.48
Bottoms Intermediate -0.42 397.22 0.05
Tops Short 1.5 452.52 0.32
Bottoms Short 2.82 452.48 0.45
alerts