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 0.96 0.07
Bottoms Long 0 0.17 0.06
Tops Intermediate 0.06 2.50 0.17
Bottoms Intermediate 0 0.76 0.28
Tops Short 0.18 4.89 0.26
Bottoms Short 0.12 2.09 0.66
alerts