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 3.59 0.10
Bottoms Long 0 1.38 0.59
Tops Intermediate 0.06 4.05 0.33
Bottoms Intermediate 0.06 2.99 0.57
Tops Short 0.18 5.36 0.70
Bottoms Short 0.12 3.26 0.64
alerts