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 3.56 0.74
Bottoms Long -0.06 2.11 0.96
Tops Intermediate -0.06 2.01 0.77
Bottoms Intermediate -0.06 1.78 0.91
Tops Short 0 2.53 0.67
Bottoms Short 0 2.25 0.77
alerts