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 4.03 0.76
Bottoms Long 0 2.72 0.73
Tops Intermediate 0.06 4.69 0.74
Bottoms Intermediate 0 2.20 0.27
Tops Short -0.06 1.99 0.61
Bottoms Short -0.06 1.58 0.88
alerts