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 4.25 0.16
Bottoms Long 0 3.09 0.26
Tops Intermediate 0.06 5.47 0.77
Bottoms Intermediate 0.06 5.09 0.94
Tops Short 0.06 5.41 0.71
Bottoms Short 0.06 5.10 0.70
alerts