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 7.78 0.15
Bottoms Long -0.06 3.86 0.96
Tops Intermediate -0.06 4.97 0.74
Bottoms Intermediate -0.06 4.82 0.39
Tops Short -0.06 5.38 0.41
Bottoms Short 0 5.43 0.00
alerts