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 2.35 0.24
Bottoms Long 0 1.91 0.39
Tops Intermediate 0 2.17 0.26
Bottoms Intermediate 0 1.65 1.00
Tops Short 0 1.92 0.55
Bottoms Short 0 1.96 0.07
alerts