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 1.92 0.12
Bottoms Long 0 0.65 0.05
Tops Intermediate 0.18 7.62 0.44
Bottoms Intermediate 0.18 8.46 0.51
Tops Short 0.42 14.78 0.73
Bottoms Short 0.48 15.25 0.64
alerts