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 3.38 0.79
Bottoms Long 0 2.78 0.51
Tops Intermediate -0.06 2.52 0.90
Bottoms Intermediate -0.06 1.95 0.73
Tops Short 0 3.01 0.35
Bottoms Short 0 2.83 0.01
alerts