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 4.52 0.47
Bottoms Long 0 3.30 0.38
Tops Intermediate 0.06 5.63 0.56
Bottoms Intermediate 0.06 4.38 0.65
Tops Short -0.06 3.57 0.78
Bottoms Short -0.06 3.61 0.83
alerts