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 6.45 0.76
Bottoms Long 0 6.36 0.32
Tops Intermediate 0 7.10 0.09
Bottoms Intermediate 0 6.69 0.16
Tops Short 0.06 7.72 0.42
Bottoms Short 0 6.77 0.00
alerts