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 1.10 0.23
Bottoms Long 0 0.46 0.12
Tops Intermediate 0.06 4.34 0.87
Bottoms Intermediate 0.06 2.81 0.67
Tops Short 0.06 4.19 0.68
Bottoms Short 0.06 3.80 0.42
alerts