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 0.37 0.02
Bottoms Long 0 0.00 0.00
Tops Intermediate 0.12 6.95 0.43
Bottoms Intermediate 0.18 7.38 0.53
Tops Short 0.36 13.42 0.57
Bottoms Short 0.42 13.56 0.65
alerts