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 6.06 0.40
Bottoms Long 0 5.61 0.15
Tops Intermediate 0 7.42 0.19
Bottoms Intermediate 0 7.00 0.47
Tops Short 0 7.09 0.46
Bottoms Short 0 6.88 0.22
alerts