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 2.62 0.16
Bottoms Long 0 0.23 0.88
Tops Intermediate 0.06 4.55 0.70
Bottoms Intermediate 0.12 4.18 0.68
Tops Short 0.12 5.66 0.59
Bottoms Short 0.12 4.01 0.40
alerts