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 4.97 0.00
Bottoms Long 0 2.15 0.20
Tops Intermediate -0.06 2.27 0.68
Bottoms Intermediate -0.12 0.51 0.62
Tops Short -0.18 0.40 0.80
Bottoms Short -0.12 -0.13 0.85
alerts