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 3.24 0.22
Bottoms Long 0 1.88 0.07
Tops Intermediate 0.06 5.18 0.70
Bottoms Intermediate 0.06 4.43 0.79
Tops Short 0 3.89 0.00
Bottoms Short 0 3.72 0.05
alerts