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 -0.48 396.16 0.60
Bottoms Long -0.54 363.58 0.62
Tops Intermediate -0.96 375.12 0.75
Bottoms Intermediate -1.2 346.39 0.89
Tops Short 0.18 392.65 0.14
Bottoms Short -1.08 355.65 0.41
alerts