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 7.82 0.04
Bottoms Long 0 5.24 0.65
Tops Intermediate -0.06 5.44 0.66
Bottoms Intermediate 0 6.27 0.01
Tops Short 0 6.82 0.13
Bottoms Short 0.06 6.78 0.53
alerts