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 -0.66 216.79 0.64
Bottoms Long -0.48 199.50 0.38
Tops Intermediate 0.54 248.38 0.60
Bottoms Intermediate 0.42 227.51 0.86
Tops Short 0.84 249.05 0.47
Bottoms Short 0.9 241.36 0.40
alerts