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 6.55 0.42
Bottoms Long 0 5.78 0.25
Tops Intermediate 0 6.83 0.68
Bottoms Intermediate 0 6.14 0.06
Tops Short -0.06 5.95 0.72
Bottoms Short -0.06 5.46 0.46
alerts