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 8.25 0.03
Bottoms Long 0 6.80 0.12
Tops Intermediate -0.06 6.70 0.69
Bottoms Intermediate -0.06 5.63 0.90
Tops Short -0.06 6.12 0.40
Bottoms Short -0.06 5.81 0.45
alerts