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 2.72 0.31
Bottoms Long 0 0.09 0.93
Tops Intermediate 0.12 5.49 0.75
Bottoms Intermediate 0.06 2.78 0.65
Tops Short 0.18 5.59 0.67
Bottoms Short 0.18 5.04 0.55
alerts