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 7.03 0.53
Bottoms Long 0 6.61 0.75
Tops Intermediate 0 6.78 0.70
Bottoms Intermediate 0 6.51 0.88
Tops Short 0 6.75 0.41
Bottoms Short 0 6.72 0.02
alerts