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 11.34 0.06
Bottoms Long 0 8.10 0.22
Tops Intermediate 0.06 12.56 0.59
Bottoms Intermediate 0.06 10.37 0.33
Tops Short 0.12 12.49 0.53
Bottoms Short 0.12 12.03 0.53
alerts