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 5.01 0.41
Bottoms Long 0 3.54 0.49
Tops Intermediate 0.06 5.52 0.64
Bottoms Intermediate 0 4.06 0.52
Tops Short 0 4.64 0.01
Bottoms Short 0.06 4.37 0.71
alerts