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 0 100.01 0.01
Bottoms Long 0.06 96.82 0.12
Tops Intermediate 0.3 112.42 0.78
Bottoms Intermediate 0.3 106.61 0.75
Tops Short 0.12 108.42 0.48
Bottoms Short 0.18 106.13 0.29
alerts