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 -1.02 575.34 0.74
Bottoms Long -0.9 534.17 0.74
Tops Intermediate 0 613.76 0.00
Bottoms Intermediate 0.24 589.23 0.03
Tops Short 1.38 638.93 0.42
Bottoms Short 4.26 641.60 0.91
alerts