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 6.98 0.58
Bottoms Long 0.06 4.77 0.63
Tops Intermediate 0 5.47 0.00
Bottoms Intermediate 0 5.07 0.04
Tops Short 0.06 6.10 0.67
Bottoms Short 0 5.66 0.69
alerts