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 -0.06 2.69 0.73
Bottoms Long 0 3.03 0.00
Tops Intermediate 0 2.81 0.60
Bottoms Intermediate 0 2.11 0.72
Tops Short 0 3.56 0.58
Bottoms Short 0 2.65 0.05
alerts