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 -0.12 514.58 0.17
Bottoms Long 0 482.04 0.00
Tops Intermediate 1.08 540.63 0.78
Bottoms Intermediate 1.44 531.41 0.73
Tops Short 0.24 520.36 0.07
Bottoms Short -0.06 506.50 0.01
alerts