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 7.46 0.01
Bottoms Long 0 6.76 0.01
Tops Intermediate 0 7.87 0.74
Bottoms Intermediate 0 7.62 0.90
Tops Short 0.06 8.08 0.80
Bottoms Short 0 7.69 0.93
alerts