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 3.64 0.39
Bottoms Long -0.06 0.60 0.77
Tops Intermediate 0 4.27 0.32
Bottoms Intermediate 0 1.75 0.04
Tops Short -0.06 1.73 0.21
Bottoms Short -0.06 1.13 0.21
alerts