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 2.20 0.12
Bottoms Long 0 0.00 0.01
Tops Intermediate 0.24 10.78 0.61
Bottoms Intermediate 0.18 8.16 0.58
Tops Short -0.06 9.68 0.04
Bottoms Short -0.06 8.43 0.13
alerts