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 -0.06 1.92 0.74
Bottoms Long 0 2.04 0.93
Tops Intermediate 0 2.55 0.58
Bottoms Intermediate 0 2.49 0.06
Tops Short 0 2.94 0.01
Bottoms Short 0 2.90 0.27
alerts