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 4.58 0.24
Bottoms Long 0 3.42 0.55
Tops Intermediate 0 5.14 0.92
Bottoms Intermediate -0.06 2.88 0.64
Tops Short 0.06 4.94 0.55
Bottoms Short 0.06 5.01 0.98
alerts