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 2.99 0.49
Bottoms Long 0 2.48 0.31
Tops Intermediate -0.06 2.43 0.80
Bottoms Intermediate -0.06 1.91 0.84
Tops Short 0 2.63 0.32
Bottoms Short 0 2.49 0.22
alerts