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 -0.48 218.05 0.40
Bottoms Long -0.24 212.88 0.24
Tops Intermediate -0.18 233.11 0.22
Bottoms Intermediate -0.18 219.95 0.12
Tops Short 0 235.57 0.00
Bottoms Short 0.48 232.66 0.46
alerts