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 9.00 0.25
Bottoms Long 0 6.95 0.16
Tops Intermediate 0.06 11.16 0.79
Bottoms Intermediate 0.06 10.14 0.79
Tops Short 0.06 10.61 0.44
Bottoms Short 0.06 10.33 0.45
alerts