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 4.12 0.12
Bottoms Long 0 -0.20 0.82
Tops Intermediate 0.06 4.44 0.07
Bottoms Intermediate 0 -0.28 0.70
Tops Short 0.18 5.38 0.36
Bottoms Short 0.12 2.77 0.26
alerts