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 0.27 0.08
Bottoms Long 0 0.00 0.01
Tops Intermediate 0 0.88 0.24
Bottoms Intermediate 0 0.81 0.28
Tops Short 0.12 3.33 0.73
Bottoms Short 0.06 2.39 0.66
alerts