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 6.47 0.23
Bottoms Long 0 4.59 0.31
Tops Intermediate -0.12 4.35 0.78
Bottoms Intermediate -0.06 3.94 0.31
Tops Short 0 5.75 0.01
Bottoms Short 0.06 5.12 0.11
alerts