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 9.65 0.43
Bottoms Long 0 7.02 0.90
Tops Intermediate -0.06 7.43 0.19
Bottoms Intermediate 0 6.53 0.97
Tops Short 0 8.22 0.01
Bottoms Short 0 7.09 0.03
alerts