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 1.95 0.13
Bottoms Long 0 1.24 0.14
Tops Intermediate 0.24 11.35 0.68
Bottoms Intermediate 0.18 7.86 0.66
Tops Short 0 8.71 0.08
Bottoms Short 0.06 8.28 0.48
alerts