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 6.70 0.71
Bottoms Long -0.06 4.69 0.77
Tops Intermediate -0.06 5.43 0.74
Bottoms Intermediate -0.06 5.12 0.71
Tops Short 0 6.38 0.07
Bottoms Short 0 5.99 0.03
alerts