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 7.24 0.62
Bottoms Long 0.06 6.06 0.92
Tops Intermediate 0.06 8.08 0.83
Bottoms Intermediate 0.06 6.81 0.63
Tops Short 0.06 7.19 0.38
Bottoms Short 0.06 6.59 0.26
alerts