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 4.16 0.46
Bottoms Long 0 2.89 0.01
Tops Intermediate 0 3.56 0.89
Bottoms Intermediate 0 2.50 0.17
Tops Short 0 3.81 0.16
Bottoms Short 0 3.31 0.08
alerts