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 0.16 0.02
Bottoms Long 0 0.11 0.02
Tops Intermediate 0 0.48 0.05
Bottoms Intermediate 0 0.32 0.05
Tops Short 0.18 4.28 0.43
Bottoms Short 0.12 3.43 0.42
alerts