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 2.76 0.54
Bottoms Long 0 0.79 0.32
Tops Intermediate 0.06 4.61 0.54
Bottoms Intermediate 0.06 2.43 0.51
Tops Short 0.06 3.85 0.11
Bottoms Short 0.12 3.55 0.51
alerts