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 8.83 0.45
Bottoms Long 0 6.77 0.58
Tops Intermediate 0.06 10.20 0.60
Bottoms Intermediate 0 6.79 0.13
Tops Short -0.12 6.53 0.39
Bottoms Short -0.06 6.16 0.77
alerts