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 10.20 0.04
Bottoms Long 0 7.96 0.02
Tops Intermediate 0.06 11.93 0.77
Bottoms Intermediate 0.12 10.46 0.88
Tops Short 0.12 12.14 0.68
Bottoms Short 0.06 10.44 0.78
alerts