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 2.13 0.19
Bottoms Long 0 1.56 0.19
Tops Intermediate 0.18 7.98 0.66
Bottoms Intermediate 0.12 6.66 0.71
Tops Short -0.06 5.13 0.72
Bottoms Short 0 5.10 0.63
alerts