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 6.30 0.16
Bottoms Long 0 3.72 0.87
Tops Intermediate -0.06 4.36 0.88
Bottoms Intermediate -0.06 3.83 0.65
Tops Short 0 4.69 0.00
Bottoms Short 0.06 4.93 0.77
alerts