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 8.41 0.61
Bottoms Long 0 7.99 0.53
Tops Intermediate 0 7.94 0.03
Bottoms Intermediate 0 6.80 0.08
Tops Short 0 7.40 0.12
Bottoms Short 0.06 7.95 0.64
alerts