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 7.51 0.60
Bottoms Long 0.06 6.41 0.76
Tops Intermediate 0 5.12 0.59
Bottoms Intermediate 0 4.89 0.82
Tops Short 0 5.27 0.60
Bottoms Short 0.06 5.32 0.75
alerts