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 2.40 0.07
Bottoms Long 0 1.20 0.14
Tops Intermediate 0.42 22.62 0.40
Bottoms Intermediate 0.18 9.49 0.79
Tops Short -0.12 4.13 0.38
Bottoms Short -0.18 3.22 0.55
alerts