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 10.36 0.01
Bottoms Long 0 6.34 0.04
Tops Intermediate -0.06 6.33 0.41
Bottoms Intermediate -0.06 5.10 0.48
Tops Short 0 6.46 0.03
Bottoms Short 0 5.45 0.19
alerts