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 4.31 0.08
Bottoms Long 0 3.85 0.29
Tops Intermediate 0 4.16 0.01
Bottoms Intermediate 0 3.84 0.01
Tops Short -0.06 3.65 0.92
Bottoms Short -0.06 3.42 0.79
alerts