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 2.32 0.74
Bottoms Long 0 1.69 0.74
Tops Intermediate -0.06 2.01 0.71
Bottoms Intermediate 0 1.94 0.47
Tops Short 0 2.23 0.37
Bottoms Short 0 2.35 0.49
alerts