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 6.42 0.14
Bottoms Long -0.06 3.64 0.60
Tops Intermediate -0.06 3.93 0.80
Bottoms Intermediate 0 5.03 0.05
Tops Short 0.06 5.52 0.56
Bottoms Short 0.06 5.50 0.98
alerts