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 2.58 0.24
Bottoms Long 0 1.21 0.12
Tops Intermediate 0.18 10.62 0.77
Bottoms Intermediate 0.18 8.23 0.71
Tops Short 0 7.08 0.02
Bottoms Short 0 6.76 0.05
alerts