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 8.22 0.01
Bottoms Long 0 7.77 0.07
Tops Intermediate 0.06 10.48 0.80
Bottoms Intermediate 0.06 9.74 0.92
Tops Short 0.12 11.48 0.82
Bottoms Short 0 8.94 0.07
alerts