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 8.45 0.87
Bottoms Long -0.06 6.02 0.61
Tops Intermediate -0.06 7.65 0.83
Bottoms Intermediate -0.06 6.30 0.44
Tops Short -0.12 6.99 0.53
Bottoms Short 0 7.22 0.00
alerts