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 7.07 0.66
Bottoms Long 0.06 7.42 0.35
Tops Intermediate 0 7.50 0.00
Bottoms Intermediate 0 5.35 0.22
Tops Short 0.06 8.50 0.74
Bottoms Short 0.12 8.62 0.86
alerts