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 8.40 0.86
Bottoms Long 0 8.19 0.02
Tops Intermediate 0 8.44 0.35
Bottoms Intermediate 0 8.27 0.14
Tops Short -0.06 7.79 0.55
Bottoms Short -0.06 7.15 0.80
alerts