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 6.98 0.74
Bottoms Long 0 6.95 0.46
Tops Intermediate 0 8.56 0.34
Bottoms Intermediate 0 7.57 0.10
Tops Short 0 7.69 0.54
Bottoms Short 0 7.44 0.10
alerts