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 3.78 0.23
Bottoms Long 0 2.42 0.40
Tops Intermediate -0.06 2.85 0.29
Bottoms Intermediate 0 2.87 0.03
Tops Short 0.06 4.20 0.63
Bottoms Short 0.06 3.87 0.55
alerts