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 2.39 0.07
Bottoms Long 0 1.08 0.04
Tops Intermediate 0.24 10.58 0.28
Bottoms Intermediate 0.24 9.74 0.36
Tops Short 1.08 29.91 0.76
Bottoms Short 0.96 25.88 0.88
alerts