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 3.22 0.12
Bottoms Long 0 3.27 0.03
Tops Intermediate 0 4.68 0.72
Bottoms Intermediate 0.06 4.15 0.91
Tops Short 0.06 5.31 0.52
Bottoms Short 0 3.97 0.56
alerts