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 -0.06 264.07 0.07
Bottoms Long -0.12 249.58 0.03
Tops Intermediate 0.54 281.87 0.77
Bottoms Intermediate 0.84 279.32 0.92
Tops Short 0.24 276.59 0.71
Bottoms Short 0.3 273.60 0.63
alerts