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 2.40 0.46
Bottoms Long 0 2.06 0.23
Tops Intermediate 0 2.20 0.27
Bottoms Intermediate 0 1.97 0.01
Tops Short 0 2.12 0.48
Bottoms Short 0 1.86 0.51
alerts