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 3.16 0.61
Bottoms Long 0 3.80 0.11
Tops Intermediate 0 5.01 0.23
Bottoms Intermediate 0 3.97 0.01
Tops Short 0.06 5.34 0.70
Bottoms Short 0.06 4.48 0.61
alerts