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 5.62 0.77
Bottoms Long 0 4.72 0.75
Tops Intermediate 0 5.42 0.34
Bottoms Intermediate 0 5.58 0.02
Tops Short 0 5.81 0.15
Bottoms Short 0 5.53 0.17
alerts