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 12.86 0.55
Bottoms Long 0 10.19 0.91
Tops Intermediate 0.06 13.42 0.87
Bottoms Intermediate 0 11.39 0.16
Tops Short 0.06 12.50 0.16
Bottoms Short 0.06 12.15 0.88
alerts