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 2.77 0.16
Bottoms Long 0 2.43 0.01
Tops Intermediate -0.06 1.85 0.73
Bottoms Intermediate -0.06 1.19 0.92
Tops Short 0 2.40 0.08
Bottoms Short 0 2.31 0.37
alerts