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 0.10
Bottoms Long 0 1.49 0.07
Tops Intermediate 0.18 9.73 0.32
Bottoms Intermediate 0.12 5.95 0.28
Tops Short 0.72 22.72 0.69
Bottoms Short 0.72 21.35 0.76
alerts