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 4.04 0.23
Bottoms Long 0 2.43 0.80
Tops Intermediate -0.06 2.72 0.56
Bottoms Intermediate 0 2.79 0.21
Tops Short -0.06 2.67 0.72
Bottoms Short 0 2.62 0.47
alerts