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 -0.14 0.49
Bottoms Long 0 -0.15 0.38
Tops Intermediate 0 0.13 0.05
Bottoms Intermediate 0 0.10 0.36
Tops Short 0 0.12 0.02
Bottoms Short 0 0.11 0.48
alerts