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 -0.18 608.07 0.26
Bottoms Long -0.72 540.88 0.82
Tops Intermediate 0.24 621.80 0.26
Bottoms Intermediate 0.6 595.79 0.38
Tops Short 1.26 630.06 0.66
Bottoms Short 0.3 602.97 0.08
alerts