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 1.75 0.12
Bottoms Long 0 1.09 0.10
Tops Intermediate 0.24 11.85 0.74
Bottoms Intermediate 0.18 7.93 0.71
Tops Short 0.06 9.74 0.75
Bottoms Short 0.06 9.25 0.63
alerts