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 0.6 594.87 0.72
Bottoms Long -0.3 496.06 0.11
Tops Intermediate -1.08 515.14 0.74
Bottoms Intermediate -1.56 460.79 0.64
Tops Short 1.5 560.68 0.37
Bottoms Short 4.14 575.93 0.96
alerts