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 -0.12 7.95 0.82
Bottoms Long -0.06 6.65 0.70
Tops Intermediate -0.06 9.16 0.38
Bottoms Intermediate -0.06 6.23 0.78
Tops Short -0.06 8.25 0.13
Bottoms Short -0.06 6.85 0.79
alerts