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 11.80 0.70
Bottoms Long 0 11.12 0.56
Tops Intermediate 0 12.58 0.04
Bottoms Intermediate -0.06 10.66 0.75
Tops Short 0.06 13.55 0.85
Bottoms Short 0.06 13.14 0.49
alerts