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 6.63 0.57
Bottoms Long -0.06 4.47 0.62
Tops Intermediate 0 8.05 0.26
Bottoms Intermediate 0.06 7.28 0.92
Tops Short 0.06 8.37 0.63
Bottoms Short 0.06 7.89 0.63
alerts