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 -0.72 290.16 0.77
Bottoms Long -0.54 270.16 0.74
Tops Intermediate -0.18 305.26 0.20
Bottoms Intermediate -0.06 293.00 0.02
Tops Short -0.3 299.80 0.21
Bottoms Short -0.54 284.96 0.67
alerts