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 2.98 0.25
Bottoms Long 0 2.18 0.38
Tops Intermediate 0 2.92 0.04
Bottoms Intermediate 0 2.05 0.51
Tops Short 0 2.59 0.20
Bottoms Short 0 2.25 0.08
alerts