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 8.22 0.29
Bottoms Long 0 6.71 0.39
Tops Intermediate 0 7.45 0.04
Bottoms Intermediate 0 6.72 0.03
Tops Short 0 7.29 0.01
Bottoms Short 0.06 7.50 0.83
alerts