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 12.02 0.48
Bottoms Long 0.06 9.93 0.65
Tops Intermediate 0 7.45 0.06
Bottoms Intermediate 0 7.01 0.10
Tops Short 0 7.04 0.24
Bottoms Short 0 6.56 0.22
alerts