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 7.93 0.01
Bottoms Long 0 6.53 0.07
Tops Intermediate 0 6.72 0.49
Bottoms Intermediate -0.06 5.73 0.71
Tops Short 0 6.53 0.38
Bottoms Short 0 6.60 0.44
alerts