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 -0.54 209.84 0.74
Bottoms Long 0.06 209.86 0.02
Tops Intermediate 0.84 243.91 0.90
Bottoms Intermediate 0.54 222.79 0.72
Tops Short 0.36 229.39 0.38
Bottoms Short 0.54 221.95 0.62
alerts