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 -0.24 417.07 0.27
Bottoms Long -0.3 394.73 0.12
Tops Intermediate 0.6 441.29 0.83
Bottoms Intermediate 0.9 437.49 0.77
Tops Short 0.66 439.57 0.70
Bottoms Short 0.78 437.26 0.67
alerts