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 6.62 0.79
Bottoms Long -0.06 5.05 0.55
Tops Intermediate 0 7.25 0.05
Bottoms Intermediate 0 6.38 0.06
Tops Short -0.06 6.10 0.91
Bottoms Short -0.06 5.90 0.74
alerts