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 5.43 0.03
Bottoms Long 0 3.85 0.10
Tops Intermediate 0.06 7.35 0.59
Bottoms Intermediate 0.06 5.62 0.52
Tops Short 0.18 9.08 0.67
Bottoms Short 0.18 8.53 0.91
alerts