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 2.08 0.22
Bottoms Long 0 1.78 0.22
Tops Intermediate 0 2.06 0.27
Bottoms Intermediate 0 1.72 0.39
Tops Short 0 1.97 0.33
Bottoms Short 0 1.89 0.02
alerts