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 2.08 0.01
Bottoms Long 0 -0.78 0.83
Tops Intermediate 0.06 4.40 0.44
Bottoms Intermediate 0.06 2.36 0.29
Tops Short 0.24 6.30 0.64
Bottoms Short 0.24 4.71 0.63
alerts