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 4.96 0.01
Bottoms Long 0 3.42 0.25
Tops Intermediate 0 4.90 0.61
Bottoms Intermediate -0.12 2.23 1.00
Tops Short 0 4.87 0.04
Bottoms Short 0 4.30 0.00
alerts