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 2.66 0.12
Bottoms Long 0 2.32 0.01
Tops Intermediate -0.06 1.86 0.65
Bottoms Intermediate 0 1.63 0.91
Tops Short 0 1.80 0.68
Bottoms Short 0 1.60 0.79
alerts