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 3.00 0.35
Bottoms Long 0 1.65 0.27
Tops Intermediate 0.12 5.98 0.81
Bottoms Intermediate 0.06 3.97 0.55
Tops Short 0.18 6.49 0.47
Bottoms Short 0.12 4.34 0.45
alerts