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 2.83 0.29
Bottoms Long 0 2.03 0.50
Tops Intermediate -0.06 1.90 0.71
Bottoms Intermediate 0 2.10 0.25
Tops Short 0 2.44 0.00
Bottoms Short 0 2.35 0.43
alerts