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 2.54 0.43
Bottoms Long 0 1.28 0.17
Tops Intermediate 0.06 3.94 0.54
Bottoms Intermediate 0 1.68 0.18
Tops Short 0.06 3.57 0.25
Bottoms Short 0.06 3.41 0.41
alerts