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 -0.42 380.00 0.28
Bottoms Long -0.48 322.35 0.21
Tops Intermediate 0.6 391.51 0.49
Bottoms Intermediate 0.54 364.20 0.17
Tops Short 1.2 400.63 0.58
Bottoms Short 2.76 402.43 0.88
alerts