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 5.19 0.04
Bottoms Long 0.06 6.40 0.65
Tops Intermediate 0.12 9.44 0.74
Bottoms Intermediate 0.06 6.99 0.83
Tops Short 0.18 10.47 0.67
Bottoms Short 0.18 8.16 0.96
alerts