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 5.15 0.59
Bottoms Long -0.06 2.42 0.85
Tops Intermediate -0.06 4.48 0.28
Bottoms Intermediate 0 3.42 1.00
Tops Short -0.06 3.96 0.70
Bottoms Short 0 3.90 0.29
alerts