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 9.82 0.56
Bottoms Long 0 8.31 0.45
Tops Intermediate -0.06 8.80 0.41
Bottoms Intermediate -0.06 6.61 0.96
Tops Short 0 9.02 0.00
Bottoms Short 0 7.63 0.09
alerts