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 2.38 0.01
Bottoms Long 0 0.42 0.91
Tops Intermediate 0 2.41 0.19
Bottoms Intermediate 0 0.41 0.76
Tops Short 0.12 4.22 0.67
Bottoms Short 0.06 1.96 0.55
alerts