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 7.18 0.46
Bottoms Long 0 6.18 0.32
Tops Intermediate 0 6.48 0.01
Bottoms Intermediate 0.06 6.56 0.76
Tops Short 0 6.74 0.29
Bottoms Short 0 6.15 0.03
alerts