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 7.34 0.39
Bottoms Long 0 5.41 0.65
Tops Intermediate -0.06 5.91 0.75
Bottoms Intermediate -0.06 5.17 0.65
Tops Short -0.12 4.91 0.68
Bottoms Short -0.06 5.07 0.28
alerts