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 6.41 0.24
Bottoms Long 0.06 5.90 0.37
Tops Intermediate -0.06 4.99 0.96
Bottoms Intermediate 0 5.23 0.65
Tops Short -0.06 4.88 0.55
Bottoms Short 0 5.20 0.13
alerts