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 3.01 0.70
Bottoms Long 0 2.20 0.47
Tops Intermediate 0 2.98 0.51
Bottoms Intermediate 0 2.91 0.64
Tops Short 0 3.02 0.20
Bottoms Short 0 2.96 0.65
alerts