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 0.07 0.01
Bottoms Long 0 1.13 0.21
Tops Intermediate 0.12 6.20 0.54
Bottoms Intermediate 0.06 3.44 0.49
Tops Short 0.36 9.09 0.78
Bottoms Short 0.24 6.21 0.86
alerts