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 3.13 0.83
Bottoms Long 0 1.39 0.74
Tops Intermediate 0 2.35 0.07
Bottoms Intermediate 0 0.89 0.01
Tops Short 0 1.93 0.00
Bottoms Short 0 0.87 0.04
alerts